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Annual average rate of 2007:
1 USD ($ USD) = 29.39 rub.
1 EUR (€) = 41,42 rub.
Currencies exchange rates (as of 11.06.2010):
1 USD ($ USD) = 31.5742 rub.
1 EUR (€) = 38.0217 rub.
15.01.2010
Inflation 0.7% Изм. 0%
Gold and currency reserves 441.4 bln. USD
Oil Brent (ICE) 71.62
USD/ barrel
GDP II квартал 2009 год 9 326,4 bln. Rub.
Exports 24,5 Изм 1,8 bln. USD
Imports 15.5 Изм. 1.6 bln. USD
Fixed asset
investments 01.07.09г. 621,7 Изм. -49.4 bln. Rub.
Consumer price index
(as of 01.8 / 31.08.2009) 100 Изм. 0%
- for food
commodities 99.1 Изм. - 1.5%
- for non-food
products 100.6 Изм. - 0.2%
- for paid services rendered to the population 100.4 Изм. - 0.4%
Forecast rates on
1 USD ($ USD) = rub.
1 EUR (€) = rub.
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Kabardino-Balkaria Republic
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Area, km2:
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12 500
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Time zone:
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GMT+3
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Administrative center (city):
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Nalchik
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Population (inhabitants):
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891,32
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Share of urban population (%):
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58,5
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Gross regional product, 2005 (million rubles):
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41 788.3
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Gross regional product per capita, 2005 (rubles):
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46 813.4
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Fixed capital investment, 2006 (million rubles) :
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6192
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The Kabardino-Balkar Republic (Russian: Кабардино-Балкарская Республика; Kabardian: Къэбэрдей-Балъкъэр Республикэ; Balkar: Къабарты-Малкъар Республика), or Kabardino-Balkaria (Russian: Кабарди́но-Балка́рия), is a federal subject of Russia located in the North Caucasus. The direct romanization of the republic's name in the Russian language is Kabardino-Balkarskaya Respublika, or Kabardino-Balkariya.
The republic is situated in the North Caucasus mountains, with plains in the northern part.
Kabardino-Balkaria's natural resources include molybdenum, tungsten ores, and coal.
The republic has a continental type climate.
The head of government in Kabardino-Balkaria is the President. The current President is Arsen Kanokov, who has held the position since September 2005.
The parliament of the Repubilc is the Legislative Assembly comprising two chambers with 36 deputies elected for a five year term each—the Council of the Republic and the Council of Representatives.
The Constitution of Kabardino-Balkaria was adopted on September 1, 1997.
The economy of Kabardino-Balkaria is primarily agricultural, with lumber production and mining. Most of the industry centers on agricultural processing. The fall of the Soviet Union and the outbreak of the various conflicts in the Caucasus have hit the republic hard, causing a collapse in tourism in the region and producing an unemployment level estimated to be as high as 90%. Poverty is reported to be an endemic problem in the republic.
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Contact information
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Region's website
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Governor
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Arsen Bashirovich Kanokov
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Investment projects of the region:
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