Russia's positive balance of trade significantly decreased in Q2 on the back of rapid contraction of exports value compared to imports. Net capital inflow was observed in the sector of federal administrative bodies and private enterprises. Banks were building- up foreign assets and were reducing...

At its June meeting, for the first time this year, the Bank of Russia Board of Directors decided to cut the key rate by 0.25 pp. to 7.5% per annum. Such a decision was motivated by the plunge of annual inflation in April-May 2019 to 5.1%, coupled with weakening inflation risks. The inflation...

Russia's positive balance of trade increased in Q1 2019, compared to the previous years' same period, on the back of decline in imports (a major contributor to the increase) induced by rouble depreciation. BoP data show that residents invested more in foreign assets as well as the OFZ bond...

Judging from the year-end results of 2018, the RF Central Bank pointed out the highest (relative to the entire statistical observation period) outflow of foreign direct investment (FDI) from the capital of Russian companies, amounting to $ 6.46bn. The plunge in the inflow of foreign investment...

In 2018, Russian exports of services increased by 12.4%. This dynamic growth is of a recovery nature. However, it may slow down after it has attained the pre-crisis volumes seen in 2013. In 2018, imports of services rose by 6.6%, having stopped growing in Q4 because of the dynamics of the...

According to statistics published in October 2019, Russia maintained a relatively high level of funding programs in the field of international development assistance in 2018. A large share (63%) of Russian aid was provided as in the past on a bilateral basis, and the largest recipients remained...