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Expenses 25.1 trillion rubles ($343 billion). Surplus 0.4 trillion rubles ($5.9 billion) 2024 Revenues 25.8 trillion rubles ($352 billion). Expenses 26.1 trillion rubles ($357 billion). Deficit 0.3 trillion rubles ($4.3 billion) As of autumn 2022 Russia was estimated to possess nearly $549 billion in foreign exchange reserves, but some 50% of ...
In December 2022 long term investments stood at 4.3 trillion rubles, with liquid assets at 6.1 trillion rubles. [ 23 ] Previously holding liquid assets in US dollars, Euros, UK Pounds, Yen, Yuan and Gold, Russia began selling some Sterling and all the US dollars in the summer of 2021, [ 24 ] whilst buying Yuan to reach 30% and Euros to reach 40 ...
An important symptom of Russian macroeconomic instability has been severe fluctuations in the exchange rate of the ruble. From July 1992, when the ruble first could be legally exchanged for United States dollars, to October 1995, the rate of exchange between the ruble and the dollar declined from 144 rubles per US$1 to around 5,000 per US$1.
He cited what he described as a manageable 1.7% deficit, and a 26% increase in non-oil and gas revenue to 25.6 trillion rubles, about $257.9 billion. ... At the same time, ...
It exceeded $1 trillion again in the first eight months of the current fiscal year and, according to the Congressional Budget Office’s latest forecast, released on June 18, will approach $2 ...
The 2024 budget expects revenues of 35 trillion rubles ($349 billion) with expenditure of 36.6 trillion, based on a Urals oil forecast of $71.30 per barrel, a 90.1 rubles to USD 1 exchange rate and inflation of 4.5%. Defence spending will double to 10.78 trillion, 29.4% of expenditure.
The fine, converted from Rubles, was actually closer to $20 decillion – and that is 20 billion trillion trillion dollars. Show comments. Advertisement. Advertisement. In Other News.
The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot transactions reached nearly US$1.5 trillion, counting 37.4% of all foreign exchange transactions. [1] FX spot transactions increased by 38% to US$2.0 trillion from April 2010 to April 2013. [2]