News
BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·
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Russian Ruble

RUB · Russia

37
Moderate
Risk
Historical Scores
303540Jul 2021Jul 2023May 2026
What does this mean for you?

The Russian Ruble is in decent shape overall, scoring 37 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You need at least 9.9%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
8.4%
Debt / GDP
18.0%
GDP Growth
4.3%
FX Volatility
25.4
Governance
-0.8
Reserves
16.8 mo
Analysis
What's working well
Government debt is low — less pressure to print money
Economy is growing healthily
Healthy foreign currency reserves as a safety net
What to watch out for
Restrictions on moving your money out of the country
Weak rule of law — harder to trust that the system will protect your money
Full Russia analysis →

Savings Impact Calculator

₽
Holding cash in RUB8.4% inflation
₽667−₽333 (33% purchasing power lost)
Your ₽1,000 buys 33% less in 5 years
What if you invested ₽1,000 instead? (5yr, in RUB terms)
USD-denominated assets gain an additional ~5.4%/yr from expected RUB depreciation vs USD
Hold USD Cash
₽1128
+₽128
+2.4%/yr net in RUB
S&P 500
₽2050
+₽1050
range: ₽972–₽3922
10% USD return + 5.4% FX · ±16% vol
Gold
₽1878
+₽878
range: ₽572–₽4903
8% USD return + 5.4% FX · ±24% vol
Bitcoin
₽3775
+₽2775
range: ₽261–₽21.3k
25% USD return + 5.4% FX · ±54% vol

All values in RUB. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~5.4%/yr based on the inflation differential between Russia (8.4%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →

Recent News

All news →
SCMPNegativeMay 18
US extends Russian oil waiver by 30 days as Hormuz closure chokes supply
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how RUB ranks differently.
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