Translated by
2019/12/28 11:08:02

Russian ruble


Main articles:

Cash money supply

2020: 10.6 trillion rub in the cash address

In general the volume of cash in circulation for January 1, 2020 was 10.6 trillion rubles. In a year this indicator grew by 304.4 billion rubles, data of the Bank of Russia demonstrate.

The structure of cash money supply for 2019 changed slightly: the share of five-thousandth notes (from 24 to 26%) and a share 200-ruble increased (from 2 to 3%). At the same time shares 500-ruble (from 9 were reduced to 8%) and 1000-ruble (from 27 to 25%) the banknote.

2019: The volume of rubles is equal in the address to 150 billion dollars

The offer of gold as of August, 2019, makes 8.7 trillion dollars, the offer of US dollar of 1.7 trillion dollars. The volume of rubles in the address is 150 billion dollars.

​ Amount of money in the address (in US dollar). Data for 2019]]

Payments in rubles

Payments in rubles grow in trade with China and Turkey

2019: The ruble is underestimated for 65%

In July, 2019 the Economist magazine published the index of Big Mac. Proceeding from the sandwich price in the different countries of the world and currency rate authors of a research found out fair value of U.S. dollar.

According to a research it turns out that currency rate of ruble is 64.5% higher than the actual cost of the Russian currency. It is more than at the Ukrainian hryvnia, Romanian leu, the South African rand and Malaysian ringgit.

Authors specify that if in the USA Big Mac costs $5.74, then in Russia – 130 rub or is slightly more than $2.

2013: Devaluation acceleration

Since the end of 2012 on August, 2013 the ruble lost about 9% to an equilibrium basket from dollar and euro, conceding only to the South African rand (easing for 22%), to Brazilian real (-20%), Indian rupee (-18%) and Turkish lira (-12%).

But for all post-crisis period (since the end of 2009 on August, 2013) the ruble sank only for 5% against decline by 35-36% of the South African rand and Brazilian real, by 33% - Indian rupee, for 27% - Turkish lira and for 6-14% - currencies of CEE. So correction of ruble in 2013 only compensates its stability[1] before[1].

Why the ruble falls or grows

Main article: Why the ruble falls or grows

Microbes on notes

In Rospotrebnadzor in December, 2019 declared danger of cash to Russians. In it reported that it is dangerous to receive cash because of risk of infection with flu. Banknotes are "an infection nursery".

Scientists of Rospotrebnadzor found out that banknotes are an excellent nursery of an infection. The virus of flu remains on them up to two weeks.

The research conducted ten years ago by Research Center of epidemiology and microbiology of N.F. Gamalei revealed 34 species of the pathogenic microorganisms causing tuberculosis, pneumonia, meningitis on notes and it is a lot of other unpleasant diseases.