Labor Compensation: Earnings: All Activities: Monthly for Russia

Russian Ruble, Quarterly level, Quarterly, Not Seasonally Adjusted

LCEATT03RUQ664N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

57,275.00

Year-over-Year Change

28.77%

Date Range

1/1/1992 - 4/1/2021

Summary

This series tracks the quarterly level of the Russian ruble, providing insights into the currency's performance and the broader Russian economy.

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 is the official currency of the Russian Federation. This quarterly data series offers a high-level view of the ruble's value, which is influenced by factors such as economic growth, inflation, and geopolitical developments.

Methodology

The data is collected and reported by the U.S. Federal Reserve.

Historical Context

Analysts and policymakers monitor the ruble's exchange rate to assess Russia's economic health and the impact of sanctions or other policies.

Key Facts

  • The Russian ruble is one of the most actively traded emerging market currencies.
  • Russia's economy is heavily dependent on exports of oil and natural gas, which impact the ruble's value.
  • The ruble experienced significant volatility following Russia's annexation of Crimea in 2014 and the imposition of Western sanctions.

FAQs

Q: What does this economic trend measure?

A: This series tracks the quarterly level of the Russian ruble, the official currency of the Russian Federation.

Q: Why is this trend relevant for users or analysts?

A: The ruble's exchange rate is a crucial indicator of Russia's economic health and the impact of global events, such as sanctions or commodity price fluctuations, on the Russian economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor the ruble's exchange rate to assess the effectiveness of economic policies, the impact of geopolitical events, and Russia's overall economic performance.

Q: Are there update delays or limitations?

A: The ruble data is reported quarterly, and there may be occasional delays in the release of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, Russian Ruble, Quarterly level, Quarterly, Not Seasonally Adjusted (LCEATT03RUQ664N), retrieved from FRED.