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Russia’S Balance Of Payments In January - September

Author

Listed:
  • Bozhechkova Alexandra

    (Gaidar Institute for Economic Policy)

  • Trunin Pavel

    (Gaidar Institute for Economic Policy)

  • Khromov Mikhail

    (Gaidar Institute for Economic Policy)

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.

Suggested Citation

  • Bozhechkova Alexandra & Trunin Pavel & Khromov Mikhail, 2016. "Russia’S Balance Of Payments In January - September," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 9-13, November.
    • Handle: RePEc:gai:recdev:recdev-2016-11-775
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    File Function: Revised version, 2016
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    More about this item

    Keywords

    INFLATION AND MONETARY POLICY; Russian Economy;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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