Russia’s trade surplus widened in August as President Vladimir Putin banned food imports from the U.S. and some of its allies.Thing is when it comes to a trade war cash is king and Russia seems to have no problem covering it's obligations as regards imports. Compare that to Ukraine on the other hand who's declining currency and increasing trade defect mean it needs foreign aid just to pay for the day to day goods it's importing.
The surplus was $15.8 billion, up 12 percent from a year earlier, the central bank in Moscow said today on its website. The median estimate of 15 economists surveyed by Bloomberg was $16.1 billion. Imports decreased 12 percent to $25.1 billion and exports fell 3.7 percent to $40.9 billion.
Current exchange rates of major world currencies. Find updated foreign currency values, a currency converter and info for foreign currency trading. Get latest market information about USD/RUB pair including USD RUB Live Rate, News, US Dollar and Russian Ruble Forecast and Analysis. Get the latest market forecasts on the US Dollar - Russian Ruble pair, including the live USD/RUB rate, news, in depth analysis and outlook. At Walletinvestor.com we predict future values with technical analysis for wide selection of Forex currency pairs like USD/RUB. If you are looking for Forex pairs with good return, USDRUB can be a profitable investment option. USD/RUB rate equal to 77.176 at 2020-11-13 (today's range: 77.109 - 77.176). Based on our forecasts, a long-term ... USD RUB (US Dollar / Russian Ruble) The US Dollar vs. the Russian Ruble pair is representing the two contradicting and rival economies and political systems in the world. This pair is very sensitive to the crude oil volatility as the Russian economy depends on the petroleum market greatly. The US Dollar, which is the most traded currency in the world, is considered to be very stable and safe ... Current exchange rate US DOLLAR (USD) to RUSSIAN RUBLE (RUB) including currency converter, buying & selling rate and historical conversion chart. USD/RUB Forecast Russian Ruble March 12, 2020 implies an attempt to test the support level near the area of 70.25. Where can we expect a rebound and continued growth of the Dollar against the Ruble with a target above the level of 76.40. An additional signal in favor of raising the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option ...
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