Indicator notes

Pressure on the Russian rouble on September 17, 2024: 45.6 out of 100, in the “Moderate pressure” zone. The previous reading, on September 14, 2024, was 43.4 (“Low pressure”): the indicator rose by 2.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 2 trading days in a row. Biggest component moves: “Central bank policy rate” at 82.3 versus 74.1 and “Currency weakening” at 45.1 versus 42.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 13, 2024: 43.7 out of 100, in the “Low pressure” zone. The previous reading, on September 12, 2024, was 51.9 (“Moderate pressure”): the indicator fell by 8.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “International reserves” at 9.8 versus 27.1 and “Exchange rate volatility” at 46.2 versus 60.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 12, 2024: 51.9 out of 100, in the “Moderate pressure” zone. The previous reading, on September 11, 2024, was 55.4 (“High pressure”): the indicator fell by 3.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 60.5 versus 75.5 and “Currency weakening” at 45.8 versus 44.6. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 6, 2024: 55.5 out of 100, in the “High pressure” zone. The previous reading, on September 5, 2024, was 53.8 (“Moderate pressure”): the indicator rose slightly by 1.7 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 3 trading days in a row. Biggest component moves: “Currency weakening” at 35.4 versus 31.1 and “International reserves” at 26.7 versus 24.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 3, 2024: 54.9 out of 100, in the “Moderate pressure” zone. The previous reading, on August 31, 2024, was 56.5 (“High pressure”): the indicator fell slightly by 1.6 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 14 trading days in a row. Biggest component moves: “Currency weakening” at 37.0 versus 44.9 and “Exchange rate volatility” at 83.2 versus 81.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on August 14, 2024: 61.7 out of 100, in the “High pressure” zone. The previous reading, on August 13, 2024, was 54.3 (“Moderate pressure”): the indicator rose by 7.4 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Currency weakening” at 53.9 versus 38.4 and “Exchange rate volatility” at 79.1 versus 65.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on August 10, 2024: 47.5 out of 100, in the “Moderate pressure” zone. The previous reading, on August 9, 2024, was 41.2 (“Low pressure”): the indicator rose by 6.3 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 15 trading days in a row. Biggest component moves: “Exchange rate volatility” at 48.3 versus 32.4 and “Currency weakening” at 28.2 versus 18.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on July 26, 2024: 29.5 out of 100, in the “Low pressure” zone. The previous reading, on July 25, 2024, was 42.1: the indicator fell sharply by 12.6 points. That meets our shift threshold of 10 points; the zone did not change. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator has now spent 5 trading days in a row in this zone. Biggest component moves: “Exchange rate volatility” at 35.2 versus 69.1 and “International reserves” at 24.7 versus 37.4. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on July 20, 2024: 44.1 out of 100, in the “Low pressure” zone. The previous reading, on July 19, 2024, was 45.9 (“Moderate pressure”): the indicator fell slightly by 1.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 21 trading days in a row. Biggest component moves: “Exchange rate volatility” at 68.6 versus 76.9 and “Currency weakening” at 25.3 versus 24.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on June 21, 2024: 46.1 out of 100, in the “Moderate pressure” zone. The previous reading, on June 20, 2024, was 42.0 (“Low pressure”): the indicator rose by 4.1 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 15 trading days in a row. Biggest component moves: “International reserves” at 35.0 versus 26.5 and “Exchange rate volatility” at 85.0 versus 79.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 30, 2024: 25.8 out of 100, in the “Low pressure” zone. The previous reading, on May 29, 2024, was 23.1 (“Calm”): the indicator rose by 2.7 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Calm” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 10.6 versus 3.9 and “Currency weakening” at 31.8 versus 28.1. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 24, 2024: 23.9 out of 100, in the “Calm” zone. The previous reading, on May 23, 2024, was 25.7 (“Low pressure”): the indicator fell slightly by 1.8 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. Biggest component moves: “International reserves” at 12.8 versus 20.1 and “Exchange rate volatility” at 0.9 versus 1.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 21, 2023: 44.7 out of 100, in the “Low pressure” zone. The previous reading, on November 18, 2023, was 46.5 (“Moderate pressure”): the indicator fell slightly by 1.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 35.9 versus 42.2 and “Currency weakening” at 23.1 versus 23.7. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 16, 2023: 46.7 out of 100, in the “Moderate pressure” zone. The previous reading, on November 15, 2023, was 44.0 (“Low pressure”): the indicator rose by 2.7 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 42.1 versus 28.7 and “Currency weakening” at 23.7 versus 26.3. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 14, 2023: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on November 11, 2023, was 48.4 (“Moderate pressure”): the indicator fell by 4.0 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Central bank policy rate” at 75.7 versus 90.4 and “Exchange rate volatility” at 27.4 versus 28.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 10, 2023: 54.3 out of 100, in the “Moderate pressure” zone. The previous reading, on November 9, 2023, was 60.8 (“High pressure”): the indicator fell by 6.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 60 trading days in a row. Biggest component moves: “International reserves” at 45.9 versus 69.8 and “Exchange rate volatility” at 51.9 versus 53.0. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on October 13, 2023: 73.2 out of 100, in the “High pressure” zone. The previous reading, on October 12, 2023, was 59.7: the indicator rose sharply by 13.5 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator has now spent 42 trading days in a row in this zone. Biggest component moves: “Exchange rate volatility” at 55.5 versus 14.2 and “International reserves” at 92.4 versus 66.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on August 17, 2023: 74.2 out of 100, in the “High pressure” zone. The previous reading, on August 16, 2023, was 75.2 (“Extreme pressure”): the indicator fell slightly by 1.0 point and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Extreme pressure” zone. Biggest component moves: “Currency weakening” at 88.4 versus 92.5 and “Exchange rate volatility” at 68.9 versus 68.6. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on August 16, 2023: 75.2 out of 100, in the “Extreme pressure” zone. The previous reading, on August 15, 2023, was 73.3 (“High pressure”): the indicator rose slightly by 1.9 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: pressure on the currency is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 32 trading days in a row. Biggest component moves: “Exchange rate volatility” at 68.6 versus 56.8 and “Currency weakening” at 92.5 versus 96.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on August 15, 2023: 73.3 out of 100, in the “High pressure” zone. The previous reading, on August 12, 2023, was 63.0: the indicator rose sharply by 10.3 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator has now spent 32 trading days in a row in this zone. Biggest component moves: “Central bank policy rate” at 89.2 versus 64.0 and “Exchange rate volatility” at 56.8 versus 42.0. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on July 1, 2023: 56.1 out of 100, in the “High pressure” zone. The previous reading, on June 30, 2023, was 52.9 (“Moderate pressure”): the indicator rose by 3.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 13 trading days in a row. Biggest component moves: “Exchange rate volatility” at 36.4 versus 25.9 and “Currency weakening” at 85.4 versus 83.0. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on June 14, 2023: 51.2 out of 100, in the “Moderate pressure” zone. The previous reading, on June 10, 2023, was 56.7 (“High pressure”): the indicator fell by 5.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 12 trading days in a row. Biggest component moves: “Exchange rate volatility” at 21.1 versus 45.3 and “Currency weakening” at 80.7 versus 78.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 26, 2023: 55.6 out of 100, in the “High pressure” zone. The previous reading, on May 25, 2023, was 50.4 (“Moderate pressure”): the indicator rose by 5.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 9 trading days in a row. Biggest component moves: “International reserves” at 41.0 versus 19.7 and “Exchange rate volatility” at 66.5 versus 66.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 13, 2023: 47.7 out of 100, in the “Moderate pressure” zone. The previous reading, on May 12, 2023, was 43.8 (“Low pressure”): the indicator rose by 3.9 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 56.3 versus 42.0 and “Currency weakening” at 77.1 versus 75.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 12, 2023: 43.8 out of 100, in the “Low pressure” zone. The previous reading, on May 11, 2023, was 52.0 (“Moderate pressure”): the indicator fell by 8.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “International reserves” at 19.7 versus 53.1 and “Exchange rate volatility” at 42.0 versus 40.6. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on May 11, 2023: 52.0 out of 100, in the “Moderate pressure” zone. The previous reading, on May 6, 2023, was 56.6 (“High pressure”): the indicator fell by 4.6 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 16 trading days in a row. Biggest component moves: “Exchange rate volatility” at 40.6 versus 58.6 and “Currency weakening” at 76.7 versus 77.3. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 14, 2023: 59.1 out of 100, in the “High pressure” zone. The previous reading, on April 13, 2023, was 52.2 (“Moderate pressure”): the indicator rose by 6.9 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 7 trading days in a row. Biggest component moves: “International reserves” at 49.9 versus 22.5 and “Exchange rate volatility” at 55.9 versus 54.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 5, 2023: 46.9 out of 100, in the “Moderate pressure” zone. The previous reading, on April 4, 2023, was 41.4 (“Low pressure”): the indicator rose by 5.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 35.6 versus 18.8 and “Currency weakening” at 95.3 versus 90.4. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on March 29, 2023: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on March 28, 2023, was 46.0 (“Moderate pressure”): the indicator fell slightly by 1.1 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 10 trading days in a row. Biggest component moves: “Exchange rate volatility” at 18.9 versus 22.9 and “Currency weakening” at 88.1 versus 88.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on March 15, 2023: 51.5 out of 100, in the “Moderate pressure” zone. The previous reading, on March 14, 2023, was 56.3 (“High pressure”): the indicator fell by 4.8 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 29.3 versus 47.5 and “Currency weakening” at 90.3 versus 91.1. This describes that date's reading; it is not a forecast.