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English Abstract: In Q1 2021, Russia’s trade surplus reduced by almost one third compared to Q1 2020 due to growth in …. This was mainly due to the growth of foreign banking assets and other sectors of the economy amid strengthening … geopolitical risks, as well as the rapid recovery of the US economy. The Bank of Russia started buying foreign currency under the …
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hit record values due to the outstripping growth in the value of exports compared to imports. The net outflow of private … sector capital in 2021 also went up, but to a lesser extent than could be expected based on the growth of geopolitical risks …
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monetary policy. The regulator continued its foreign currency purchases within the framework of the fiscal rule, which produced …
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