Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Russia
Monthly, Not Seasonally Adjusted
RUSSLRTTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.82
Year-over-Year Change
3.08%
Date Range
12/1/1994 - 11/1/2021
Summary
This economic trend measures the month-over-month percent change in the Russian Ruble - US Dollar exchange rate. It provides insight into the value of the Ruble relative to the US Dollar, which is relevant for cross-border trade and investment analysis.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Russian Ruble - US Dollar exchange rate is a key economic indicator that reflects the relative strength and stability of the two currencies. This data series tracks the monthly, non-seasonally adjusted percent change in the exchange rate, which is useful for analyzing broader currency market trends and their impact on the Russian economy.
Methodology
The data is collected and reported by the Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts monitor this exchange rate trend to assess Russia's economic performance and competitiveness in global markets.
Key Facts
- The Ruble-Dollar exchange rate reached a 10-year low in 2022 amid geopolitical tensions.
- Fluctuations in the exchange rate impact cross-border trade and capital flows in and out of Russia.
- The Ruble is a free-floating currency, with its value determined by market forces.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in the exchange rate between the Russian Ruble and the US Dollar.
Q: Why is this trend relevant for users or analysts?
A: The Ruble-Dollar exchange rate is a key indicator of Russia's economic performance and competitiveness, and is closely watched by policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this exchange rate trend to assess Russia's economic performance and competitiveness in global markets, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month delay in availability.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (RUSSLRTTO01IXOBM), retrieved from FRED.