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10/10/2019
16:56
Surplus of Russia's current balance of payments down 23.8%

In January-September 2019, the surplus of the current account of Russia's balance of payments decreased by 23.8% to $57.2 billion, according to information from the Bank of Russia.

The reduction mainly resulted from a contraction in the surplus of foreign trade due to lower cost of energy exports against a worse global pricing environment.

A slight increase in the shortage of services resulting from higher exports also contributed to the weaker current account of Russia's balance of payments.

"AK&M", 09.10.2019 18:27

 

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