NOK/RUB Exchange Rate Today, Forecast & News

NOK/RUB
Norwegian Krone - Russian Ruble
Closed
8.60082+0.04921 (+0.58%)
As of: May 31, 2024 21:00 UTC
Open
8.55147
High
8.63901
Low
8.53972

Stats

Prev. Close

8.55161

Open

8.55147

Day's Range

8.53972 - 8.63901

52 Week Range

7.25072 - 9.77583

YTD Change

-0.90%

1 Year Change

16.72%

Economic CalendarAll Events

Time zone: GMT

Wednesday, May 15th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:00	RUB	Balance of TradeMar	Medium	RUB18.81B	RUB12.25B	RUB8.22B

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
16:00	RUB	Inflation Rate YoYApr	Medium	7.8%	7.8%	7.7%
16:00	RUB	Inflation Rate MoMApr	Medium	0.5%	0.5%	0.4%
16:00	RUB	GDP Growth Rate YoY PrelQ1	Medium	5.4%	5.3%	4.9%

Monday, June 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	RUB	S&P Global Manufacturing PMIMay	Medium		54	54.3

Wednesday, June 5th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
16:00	RUB	Unemployment RateApr	Medium		2.7%	2.7%

Tuesday, June 11th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:00	RUB	Balance of TradeApr	Medium			$18.81B

NOK/RUB

The NOK/RUB, juxtaposing the Norwegian Krone with the Russian Ruble, outlines the economic dance of two of Europe's significant energy players. While the Norwegian Krone often mirrors the ebbs and flows of global oil markets, the Russian Ruble reflects Russia's vast energy exports and geopolitical position. The dynamic between these two is shaped by energy policies, global oil demands, and political ties. Though perhaps not the most traded pair, the NOK/RUB serves as a window into the intricate energy dependencies and economic rhythms of Northern Europe and Russia.

	Norway		Russian Federation
Interest Rate	4.5% May 24		16% Apr 24
Inflation Rate	3.6% Apr 24		7.8% Apr 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	CaNegative	NRN/A

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Currencies

NOK/RUB

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