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RUSSIA’S BALANCE OF PAYMENTS IN JANUARY - SEPTEMBER

Alexandra Bozhechkova, Pavel Trunin and Mikhail Khromov

Russian Economic Development, 2016, issue 11, 9-13

Abstract: Russia’s current account surplus was affected considerably by falling exports, whereas imports declined at a slower rate, as compared with the same period previous year. In January–September 2016, net capital outflow in the private sector is reported to be five times less than what it was during the same period previous year, as the rate of repayment of bank debts and liabilities slowed down, as a result of which the rouble appreciated in real terms in January– September 2016 to the level seen early in 2006.

Keywords: INFLATION AND MONETARY POLICY; Russian Economy (search for similar items in EconPapers)
JEL-codes: E52 P24 (search for similar items in EconPapers)
Date: 2016
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