International Reserves in Russia

Russia International Reserves | Economic News & Forecasts

Russia - International Reserves

A second GDP estimate confirmed that growth remained lackluster in the second quarter, despite strengthening somewhat from the first quarter. This was chiefly due to frailer dynamics in the all-important industrial sector: Mining activity lost traction amid weak global oil prices and constrained domestic production, while manufacturing output growth remained feeble and construction activity was stagnant in Q2. Turning to the third quarter, incoming data points to gradually improving momentum. Economic activity accelerated considerably in July–August, supported by robust industrial output growth. That said, consumer demand remained weak, reflected in slowing retail sales in July–August amid softening labor market metrics, while lower crude prices in the same two months boded ill for the external sector, with exports likely dipping for a fifth consecutive month in August.

Russia - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)510  385  368  378  433  

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Russia International Reserves Chart

Russia International Reserves
Note: International reserves in months of imports.
Source: Central Bank of the Russian Federation (CBR).

Russia Facts

Bond Yield7.040.13 %Sep 04
Exchange Rate66.91-0.12 %Sep 04
Stock Market2,793-1.03 %Sep 04

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