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Russia's current account balance continued to contract in Q3 2017 on the back of stabilizing exports amid rising imports. A financial account surplus was led by foreign capital inflow (FDI) into other sectors, as well as by nonresident purchases of Federal Loan Obligations (OFZs). A double BOP...
Persistent link: https://www.econbiz.de/10012944504
In the past few years, the volumes of Russia's aid to foreign states remained high. Also, substantial growth was observed in the share of the bilateral development aid (when the aid is channeled directly to the recipient) as compared to the multilateral aid (when it is provided through...
Persistent link: https://www.econbiz.de/10012945129
Russia's current account balance went negative in Q2 2017 due to a growth in imports of goods driven by a strengthening Russian rouble, seasonal growth in imports of services and investment income payments amid stagnating exports of goods after the rising oil price trend grinded to a halt....
Persistent link: https://www.econbiz.de/10012949166