Indicator notes

Pressure on the Russian rouble on November 13, 2025: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on November 12, 2025, was 45.6 (“Moderate pressure”): the indicator fell slightly by 1.2 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: “Exchange rate volatility” at 70.1 versus 74.2 and “Currency weakening” at 70.7 versus 71.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 12, 2025: 45.6 out of 100, in the “Moderate pressure” zone. The previous reading, on November 11, 2025, was 44.6 (“Low pressure”): the indicator rose slightly by 1.0 point 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: “Currency weakening” at 71.5 versus 67.8 and “Exchange rate volatility” at 74.2 versus 74.3. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 11, 2025: 44.6 out of 100, in the “Low pressure” zone. The previous reading, on November 8, 2025, was 45.1 (“Moderate pressure”): the indicator fell slightly by 0.5 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: “Currency weakening” at 67.8 versus 69.9 and “Exchange rate volatility” at 74.3 versus 74.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 7, 2025: 45.4 out of 100, in the “Moderate pressure” zone. The previous reading, on November 6, 2025, was 43.7 (“Low pressure”): the indicator rose slightly by 1.7 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 21 trading days in a row. Biggest component moves: “International reserves” at 22.3 versus 17.5 and “Currency weakening” at 71.3 versus 69.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on October 8, 2025: 43.6 out of 100, in the “Low pressure” zone. The previous reading, on October 7, 2025, was 45.2 (“Moderate pressure”): the indicator fell slightly by 1.6 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: “Currency weakening” at 69.3 versus 76.5 and “Exchange rate volatility” at 74.5 versus 73.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on October 7, 2025: 45.2 out of 100, in the “Moderate pressure” zone. The previous reading, on October 4, 2025, was 42.3 (“Low pressure”): the indicator rose by 2.9 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. Before that the indicator had stayed in the “Low pressure” zone for 7 trading days in a row. Biggest component moves: “Currency weakening” at 76.5 versus 68.8 and “Exchange rate volatility” at 73.9 versus 70.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 26, 2025: 42.5 out of 100, in the “Low pressure” zone. The previous reading, on September 25, 2025, was 45.9 (“Moderate pressure”): the indicator fell by 3.4 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: “International reserves” at 25.5 versus 39.2 and “Exchange rate volatility” at 62.0 versus 61.6. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 23, 2025: 45.1 out of 100, in the “Moderate pressure” zone. The previous reading, on September 20, 2025, was 44.9 (“Low pressure”): the indicator rose slightly by 0.2 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: “Currency weakening” at 78.7 versus 78.1 and “Exchange rate volatility” at 59.2 versus 59.0. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 19, 2025: 44.3 out of 100, in the “Low pressure” zone. The previous reading, on September 18, 2025, was 47.0 (“Moderate pressure”): the indicator fell by 2.7 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 4 trading days in a row. Biggest component moves: “International reserves” at 38.8 versus 51.7 and “Currency weakening” at 75.7 versus 73.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 13, 2025: 45.3 out of 100, in the “Moderate pressure” zone. The previous reading, on September 12, 2025, was 42.7 (“Low pressure”): the indicator rose by 2.6 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 33 trading days in a row. Biggest component moves: “Exchange rate volatility” at 45.5 versus 33.6 and “Currency weakening” at 77.9 versus 79.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on July 30, 2025: 40.0 out of 100, in the “Low pressure” zone. The previous reading, on July 29, 2025, was 23.3 (“Calm”): the indicator rose sharply by 16.7 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 62 trading days in a row. Biggest component moves: “Exchange rate volatility” at 58.8 versus 10.9 and “Currency weakening” at 44.5 versus 25.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 25, 2025: 24.5 out of 100, in the “Calm” zone. The previous reading, on April 24, 2025, was 25.2 (“Low pressure”): the indicator fell slightly by 0.7 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. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “International reserves” at 0.1 versus 4.5 and “Currency weakening” at 3.7 versus 2.7. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 24, 2025: 25.2 out of 100, in the “Low pressure” zone. The previous reading, on April 23, 2025, was 24.0 (“Calm”): the indicator rose slightly by 1.2 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 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 71.7 versus 68.9 and “Currency weakening” at 2.7 versus 0.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on April 17, 2025: 24.8 out of 100, in the “Calm” zone. The previous reading, on April 16, 2025, was 25.1 (“Low pressure”): the indicator fell slightly by 0.3 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. Before that the indicator had stayed in the “Low pressure” zone for 44 trading days in a row. Biggest component moves: “Exchange rate volatility” at 73.9 versus 75.7 and “Currency weakening” at 0.9 versus 0.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on February 14, 2025: 35.1 out of 100, in the “Low pressure” zone. The previous reading, on February 13, 2025, was 47.9 (“Moderate pressure”): the indicator fell sharply by 12.8 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 6 trading days in a row. Biggest component moves: “International reserves” at 34.2 versus 79.9 and “Currency weakening” at 0.3 versus 11.4. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on February 6, 2025: 54.8 out of 100, in the “Moderate pressure” zone. The previous reading, on February 5, 2025, was 56.2 (“High pressure”): the indicator fell slightly by 1.4 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 2 trading days in a row. Biggest component moves: “Currency weakening” at 37.8 versus 41.0 and “Exchange rate volatility” at 76.7 versus 79.1. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on February 4, 2025: 57.6 out of 100, in the “High pressure” zone. The previous reading, on February 1, 2025, was 53.4 (“Moderate pressure”): the indicator rose by 4.2 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 2 trading days in a row. Biggest component moves: “Currency weakening” at 46.9 versus 37.8 and “Exchange rate volatility” at 78.7 versus 70.9. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on January 31, 2025: 53.8 out of 100, in the “Moderate pressure” zone. The previous reading, on January 30, 2025, was 56.9 (“High pressure”): the indicator fell by 3.1 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. Biggest component moves: “International reserves” at 83.2 versus 91.4 and “Exchange rate volatility” at 70.9 versus 74.7. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on January 28, 2025: 56.1 out of 100, in the “High pressure” zone. The previous reading, on January 25, 2025, was 66.7: the indicator fell sharply by 10.6 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. Biggest component moves: “Central bank policy rate” at 21.8 versus 58.9 and “Currency weakening” at 36.7 versus 41.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on December 24, 2024: 74.4 out of 100, in the “High pressure” zone. The previous reading, on December 21, 2024, was 75.3 (“Extreme pressure”): the indicator fell slightly by 0.9 points and crossed the 75 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 “Extreme pressure” zone for 7 trading days in a row. Biggest component moves: “Currency weakening” at 52.9 versus 56.3 and “Exchange rate volatility” at 90.8 versus 91.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on December 13, 2024: 83.4 out of 100, in the “Extreme pressure” zone. The previous reading, on December 12, 2024, was 74.9 (“High pressure”): the indicator rose by 8.5 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 5 trading days in a row. Biggest component moves: “International reserves” at 95.3 versus 64.8 and “Currency weakening” at 69.3 versus 66.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on December 6, 2024: 73.8 out of 100, in the “High pressure” zone. The previous reading, on December 5, 2024, was 75.0 (“Extreme pressure”): the indicator fell slightly by 1.2 points and crossed the 75 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 “Extreme pressure” zone for 6 trading days in a row. Biggest component moves: “Currency weakening” at 69.5 versus 74.9 and “International reserves” at 65.2 versus 64.8. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 28, 2024: 76.0 out of 100, in the “Extreme pressure” zone. The previous reading, on November 27, 2024, was 64.4 (“High pressure”): the indicator rose sharply by 11.6 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 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 61.7 versus 28.5 and “Currency weakening” at 95.7 versus 82.4. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 23, 2024: 60.1 out of 100, in the “High pressure” zone. The previous reading, on November 22, 2024, was 53.2 (“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 6 trading days in a row. Biggest component moves: “Exchange rate volatility” at 19.9 versus 1.9 and “Currency weakening” at 73.7 versus 64.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 15, 2024: 48.0 out of 100, in the “Moderate pressure” zone. The previous reading, on November 14, 2024, was 41.0 (“Low pressure”): the indicator rose by 7.0 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 8 trading days in a row. Biggest component moves: “International reserves” at 49.4 versus 25.1 and “Exchange rate volatility” at 3.9 versus 1.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on November 3, 2024: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on November 2, 2024, was 45.7 (“Moderate pressure”): the indicator fell slightly by 1.3 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 16 trading days in a row. Biggest component moves: “Exchange rate volatility” at 20.3 versus 25.9 and “Currency weakening” at 58.3 versus 58.0. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on October 12, 2024: 46.1 out of 100, in the “Moderate pressure” zone. The previous reading, on October 11, 2024, was 43.2 (“Low pressure”): the indicator rose by 2.9 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. Before that the indicator had stayed in the “Low pressure” zone for 11 trading days in a row. Biggest component moves: “Exchange rate volatility” at 29.3 versus 15.6 and “Currency weakening” at 57.8 versus 59.7. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 27, 2024: 44.6 out of 100, in the “Low pressure” zone. The previous reading, on September 26, 2024, was 45.3 (“Moderate pressure”): the indicator fell slightly by 0.7 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 5 trading days in a row. Biggest component moves: “International reserves” at 7.0 versus 9.8 and “Exchange rate volatility” at 37.1 versus 37.2. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 20, 2024: 45.5 out of 100, in the “Moderate pressure” zone. The previous reading, on September 19, 2024, was 43.3 (“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: “Currency weakening” at 54.8 versus 49.3 and “Exchange rate volatility” at 35.8 versus 31.5. This describes that date's reading; it is not a forecast.

Pressure on the Russian rouble on September 18, 2024: 44.0 out of 100, in the “Low pressure” zone. The previous reading, on September 17, 2024, was 45.6 (“Moderate pressure”): the indicator fell slightly by 1.6 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: “Exchange rate volatility” at 36.0 versus 44.7 and “Currency weakening” at 47.7 versus 45.1. This describes that date's reading; it is not a forecast.