Russia's Balance of Payments in January-September
Russian Economic Developments. Moscow, 2016, No. 11, pp. 9-13
5 Pages Posted: 23 Nov 2016
Date Written: November 23, 2016
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 ruble appreciated in real terms in January– September 2016 to the level seen early in 2006.
Keywords: Russian economy, inflation, monetary policy
JEL Classification: P24, E52
Suggested Citation: Suggested Citation