International Reserves in Russia

Russia International Reserves | Economic News & Forecasts

Russia - International Reserves

Comprehensive GDP data revealed a stronger expansion in the third quarter of 2018 than previously estimated, revising growth up to 1.5% annually. Despite the upward revision, the recovery still lost steam overall in the third quarter, as deteriorating consumption dynamics and a poor performance by the agricultural sector weighed on activity. Available data for the fourth quarter suggests that growth likely gained steam. Rising oil production likely buttressed activity, despite the fact that the price of Ural oil sunk to the lowest level since June 2017 in December. In the political arena, OPEC, Russia and other allies agreed to further limit oil production on 7 December, in an attempt to boost failing oil prices. On a bright note, in the same month, the U.S. Treasury announced plans to lift sanctions on several Russian companies linked to Oleg Deripaska, including aluminum giant Rusal, after Deripaska ceded control.

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 Yield8.230.13 %Jan 16
Exchange Rate67.08-0.12 %Jan 16
Stock Market2,435-1.03 %Jan 16

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