A-LevelEconomicsMacroeconomic Indicators & Exchange RatesMay/June 2018Paper 2 Q120 Marks
Russia's economic problems are getting worse Russia's currency, the rouble (RUB), has been falling rapidly in value. Content removed due to copyright restrictions An index of the real exchange rate fell from a value of 100 in 2010 to 75.8 in 2015 and this should have the effect of eventually helping to encourage exports. Source: Adapted from The Economist Table 1.1: Selected economic indicators for Russia 2013–2015 Economic Indicator | 2013 | 2014 | 2015 ---|---|---|--- Annual inflation rate | 6.8% | 7.8% | 15.4% Economic growth rate | 1.3% | 0.6% | –3.9% Nominal exchange rate (RUB per US$) | 38.4 | 56.3 | 61.3 Source: Adapted from The World Fact Book
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