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Since 2022 (the value of imports from China to Russia has risen notably), with projections for 2024 estimating nearly 116 billion U.S. dollars. For the first time since 2006, the trade balance between China and Russia turned positive in 2018. The lowest recorded exchange rate of GBP/USD occurred in 2022, following the initial announcement by the UK government of its plans to tackle inflation. After these plans were reversed shortly thereafter, prices experienced another increase. As of October 9, 2025, approximately 1.34 U.S. dollars was the value of one pound. What influences an exchange rate?

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