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Date Posted: 11:25:02 1/19/23 Thu
Author: Jasper
Subject: Russia posts record current account surplus

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Russia’s current account surplus almost doubled last year and hit a record high amid rising global energy prices and despite the imposition of Western sanctions, the country’s central bank reported on Tuesday.

The current account – which measures the difference between outgoing funds and money coming into the country through trade, investment and transfers – grew by almost 86% year-on-year in 2022 to $227.4 billion, the regulator’s preliminary data showed.

https://www.theburningplatform.com/2023/01/19/russia-posts-record-current-account-surplus/

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