Ads
related to: 1 trillion rubles to usd chart historical prices history free
Search results
Results From The WOW.Com Content Network
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. Prior to July 1992, the ruble's rate was set artificially at a highly overvalued level.
It was expected to rise to $21.7 billion in the year. 2016 budget revenues were estimated to be 13.7 trillion rubles (200 billion US dollars) or 17.5% of GDP, while spending is planned to be 16 trillion rubles (roughly 233 billion dollars) [1] or 20.5% of GDP. The budget deficit is thus 2.35 trillion rubles (33 billion dollars) or 3% of GDP. [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.
By 1 August 1998, there was approximately $12.5 billion in debt owed to Russian workers. On 14 August, the exchange rate of the Russian ruble to the US dollar was still 6.29. In June 1998, despite the bailout, monthly interest payments on Russia's debt rose to a figure 40 percent higher than its monthly tax collections.
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 ...
Trump’s tariffs on Mexico, Canada and China, along with those countries’ retaliatory tariffs, could wipe out 1.5 percentage points from US gross domestic product growth (GDP) in 2025 and ...
The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009.
Horton said the $84 trillion adjusted for inflation would be $100 trillion today. Asset prices have also soared in value since Cerulli’s last valuation, with equities up 27% and real estate ...