Bozhechkova, Alexandra; Trunin, Pavel - 2021
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 …