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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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Karachay-Cherkessia Republic
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Area, km2:
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14 100
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Time zone:
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GMT+3
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Administrative center (city):
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Cherkessk
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Population (inhabitants):
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428,06
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Share of urban population (%):
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43,9
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Gross regional product, 2005 (million rubles):
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22 672.4
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Gross regional product per capita, 2005 (rubles):
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52 714.6
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Fixed capital investment, 2006 (million rubles) :
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7964
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Karachay-Cherkess Republic (Russian: Карача́ево-Черке́сская респу́блика; Karachay-Balkar: Къарачай-Черкес Республика; Kabardian: Къэрэшей-Шэрджэс Республикэ), or Karachay-Cherkessia (Карача́ево-Черке́ссия) is a federal subject of Russia (a republic). The direct romanization of the republic's Russian name is Karachayevo-Cherkesskaya Respublika or Karachayevo-Cherkessiya.
The landscape of the republic is mostly mountainous (~80% of the territory). Mount Elbrus, the highest mountain in Europe, is situated on the border with the Kabardino-Balkar Republic.
Karachay-Cherkessia's natural resources include gold, coal, clays, and more.
The head of government in Karachay-Cherkessia is the President. As of 2007, the president is Mustafa Azret-Aliyevich Batdyyev.
Ethnic tension is a considerable problem in the republic. In May of 1999 Karachay-Cherkessia conducted its first ever free regional presidential election. When Vladimir Semyonov, a Karachay, won the election over Stanislav Derev, a Circassian, there were protests by supporters of Derev, with widespread allegations of fraud. A court ruling later upheld the election result, prompting thousands of Derev's supporters to march in protest, many advocating partition of the republic.
A car-bomb that killed two people in March 2001 was blamed on Chechen separatists.
Industry is mostly concentrated in the capital of the republic, Cherkessk. Chemical, wood, and food industries are the most developed.
The republic is the home of what was the largest telescope of the world when it was built, a very large radiotelescope (600 meters in diameter), and the Special Astrophysical Observatory of the Russian Academy of Science dedicated to the study of astronomy. These facilities are located on the bank of the Zelenchuk river, between the villages of Zelenchukskaya and Arkhyz.
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Contact information
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Region's website
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Investment projects of the region:
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