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Russia Industrial Production YoY
Industrial production in Russia is a measure of the output of firms that are incorporated into the industrial sector of the economy. Accounting for 55% of total production, manufacturing is the most important industry. Metallurgy (9.6%), coke and refined petroleum products (9.5%), food, beverages, and tobacco (8.4%), chemicals (4%), machinery and equipment (3.8%), transportation (3.7%), and electrical equipment (3.4%) are the most important manufacturing segments. Production from mining and quarrying accounts for 35% of overall output, with natural gas and crude oil exploration accounting for 29%. In addition, electricity, gas, and water distribution account for 11% of total expenditure.
A higher than expected figure should be seen as positive (bullish) for the RUB while a lower than expected figure should be seen as negative (bearish) for the RUB.
Forex Sentiment (RUB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDRUB |
|
|
0 -915413 pips |
88.6463 +28950 pips |
91.54129 |
News (RUB)
Russia Holds Key Interest Rate As Expected
The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 32 days ago
Russia Keeps Interest Rate At Record High
The Bank of Russia retained its interest rate at a record high as inflationary pressures remained high. The board of directors, governed by Elvira Nabiullina, left the key interest rate unchanged at a record 21.00 percent. The central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 67 days ago
Russia Keeps Key Interest Rate Unchanged At Record High 21%
The Bank of Russia retained its interest rate at a record high for the second consecutive meeting on Friday and kept the door open for further rate hike as inflationary pressures remain high. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record 21.00 percent.
RTTNews | 102 days ago
