International Reserves in Russia

Russia International Reserves | Economic News & Forecasts

Russia - International Reserves

Growth seems to have recovered slightly in the second quarter, following a lackluster first-quarter performance which was dented by sliding investment activity and faltering exports. In Q2, economic activity picked up slightly on sturdier industrial production growth, which was underpinned by solid manufacturing output, and increased infrastructure spending under the government’s “national projects”. OPEC+ oil production restrictions and lower gas demand capped the increase, however. Meanwhile, although consumer demand metrics weakened, as suggested by retail sales growth decelerating to a two-year low in Q2, there were signs of improving conditions at the end of the quarter. Higher real wages in Q2 and a lower unemployment rate, which dropped to an all-time low in June, boded well for household consumption, which seemingly also benefited from gradually easing inflation thanks to a relatively strong ruble.

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

ValueChangeDate
Bond Yield7.300.13 %Jul 31
Exchange Rate63.38-0.12 %Jul 31
Stock Market2,740-1.03 %Jul 31

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