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

See all articles by Alexandra Bozhechkova

Alexandra Bozhechkova

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Alexander Knobel

Gaidar Institute for Economic Policy; Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies

Pavel Trunin

Gaidar Institute for Economic Policy

Date Written: February 20, 2018

Abstract

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

Bozhechkova, Alexandra and Knobel, Alexander and Trunin, Pavel, Russia's Balance of Payments 2017: Steady Bop Position (February 20, 2018). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018, No. 2, pp. 12-15. Available at SSRN: https://ssrn.com/abstract=3126794 or http://dx.doi.org/10.2139/ssrn.3126794

Alexandra Bozhechkova (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereylok 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Alexander Knobel

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies ( email )

Vernadsky Ave. 82
Moscow, 119571
Russia

Pavel Trunin

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

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