All articles tagged "economics"

Russia's budget deficit to reach 10 percent – Deputy Minister Russia's budget deficit to reach 10 percent – Deputy Minister

20 Apr, 10:17 PM 9 comments

Russia's 2009 budget revenues may fall short of expectations by as much as 800 billion rubles ($23 billion), deputy finance minister Tatiana Nesterenko has said, suggesting that the budget deficit could hit 10 percent.

Tags: financial crisis, economics, Alexei Kudrin

Russian stocks take a tumble Russian stocks take a tumble

15 Jun, 06:29 PM 9 comments

The Russian stock markets got off to a bad start today. The price of oil was down for the first time in four days, and the dollar was up against the ruble. Things did not improve as the day wore on

Tags: stocks, finance, economics

Russian ruble is 43% undervalued – Big Mac Index Russian ruble is 43% undervalued – Big Mac Index

21 Jul, 12:22 PM 105 comments

According to a recent report in The Ecomomist magazine, the famous Big Mac Index rates the Russian ruble as 43% undervalued. A Big Mac in the US now costs $3.57. On a comparative basis in Russia you fork out $2.04.

Tags: ruble, economics, Big Mac Index,



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USD / RUR 30,7187
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RTS Index 1765.77
RTS Standard Index 11411.86
RTS-2 Index 2233.55
RTS Oil & Gas Index 196.8
RTS Consumer & Retail Index 429.22
RTS Metals & Mining Index 350.91
RTS Industrial Index 210.28
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RTS Financials Index 459.54
RTS Siberia Index 1001.25
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