Foreign Trade

Actual
11.482B
Previous
12.614B
Forecast

The Trade Balance released by the The Central Bank of the Russian Federation is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Russian Ruble. If a steady demand in exchange for Russian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Ruble.

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