Russia's Balance of Payments 2017: Steady Bop Position
Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018, No. 2, pp. 12-15
4 Pages Posted: 1 Mar 2018
Date Written: February 20, 2018
Russia’s positive balance of trade increased in 2017, ensuring a steady BoP position. The private sector saw capital outflow in 2017, mostly because Russian banks had trimmed foreign-exchange liabilities. The rouble appreciated on the back of stable balance of payments.
Keywords: Russian economy, balance of payments
JEL Classification: F19
Suggested Citation: Suggested Citation