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The Equilibrium of USD/RUB Exchange Rate

Author

Listed:
  • Sofia Ivanova

Abstract

The paper provides a calculation of the equilibrium of USD/RUB exchange rate that corresponds to the total ex-penditure of all exports revenues on imports and external debt payments. Being more volatile, changes in Central Bank international reserves and investment flows affect deviations of the exchange rate from the equilibrium rate. The equilibrium exchange rate should be taken into account while making investment decisions. The data for the re-search were obtained from different sources: World Economic Outlook, International Financial Statistics, Federal State Statistics Service, The Central Bank of Russia and The Ministry for Economic Development and Trade.

Suggested Citation

  • Sofia Ivanova, 2006. "The Equilibrium of USD/RUB Exchange Rate," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 4(4), pages 3-17.
    • Handle: RePEc:ris:apltrx:0154
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    File URL: http://pe.cemi.rssi.ru/pe_2006_4_03-17.pdf
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    References listed on IDEAS

    as
    1. Ms. Susana Garcia Cervero & J. Humberto Lopez & Mr. Enrique Alberola Ila & Mr. Angel J. Ubide, 1999. "Global Equilibrium Exchange Rates: Euro, Dollar, “Ins,” “Outs,” and Other Major Currencies in a Panel Cointegration Framework," IMF Working Papers 1999/175, International Monetary Fund.
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    Cited by:

    1. A. Polbin., 2017. "Modeling the real ruble exchange rate under monetary policy regime change," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 4.
    2. Polbin, Andrey, 2017. "Моделирование Реального Курса Рубля В Условиях Изменения Режима Денежно-Кредитной Политики [Modeling the real ruble exchange rate under monetary policy regime change]," MPRA Paper 78139, University Library of Munich, Germany.

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    More about this item

    Keywords

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    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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