Foreign Currency and Russian Ruble : What Does the Balance of Payments Tell Us?

The BOP (Balance of Payments) statistics for Q1 2016 show considerable shrinkage of the current account surplus due to a decline in exports while imports saw their decline rate slow down. At the same time, the private sector saw capital outflow decrease strongly. As a result, even though the trade balance dropped, the rouble did not depreciate. Moreover, the rouble exchange rate rebounded to levels seen in the fall of 2015 as crude prices went up

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Year of publication:	2016
Authors:	Bozhechkova, Alexandra
Other Persons:	Trunin, Pavel (contributor)
Publisher:	[2016]: [S.l.] : SSRN
Subject:	Russland \| Russia \| Zahlungsbilanz \| Balance of payments

Extent:	1 Online-Ressource (4 p)
Series:	Russian Economic Developments. Moscow, 2016 ; No. 5, pp. 9-12
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 19, 2016 erstellt
Other identifiers:	10.2139/ssrn.2781870 [DOI]
Classification:	P24 - National Income, Product, and Expenditure; Money; Inflation ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012991874