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Brian McDonald @27khv on x 8312 followers
Created: 2025-07-23 12:18:24 UTC
Russia managed to cushion the impact of sanctions in 2024, thanks to large foreign exchange reserves, a flexible exchange rate, and tight financial controls, the IMF says. 👇
The current account surplus rose to XXX% of GDP, above the EU benchmark of 2.6%, driven by strong oil and gas exports. The ruble strengthened by XXX% last year, and by March 2025, its real effective exchange rate was XXX% above the 2024 average—reflecting structural trade shifts.
Russia’s net international investment position rose to XXXX% of GDP, up from XXXX% in 2023.
The IMF also noted that Russia’s economy in 2024 was “broadly in line with medium-term fundamentals and desired policies.”
It now accounts for XXXX% of global GDP (PPP), surpassing Japan (3.38%) to become the world’s fourth-largest economy by this measure.
XXXXX engagements
Related Topics russian ruble futures trading eu gdp government spending imf international finance currency pairs