Advertisement
Advertisement

Russia central bank says Q1 current account surplus rises to $58.2 billion

By:
Reuters
Updated: Apr 11, 2022, 13:51 UTC

(Reuters) - Russia's central bank will use all necessary tools to minimise risks to financial and price stability in 2022, central bank head Elvira Nabiullina said in a report to the State Duma.

A Russian state flag flies over the Central Bank headquarters in Moscow

(Reuters) – Russia ran a current account surplus of $58.2 billion in the first three months of 2022, up from $22.5 billion in the same period last year, central bank data showed on Monday.

Russia’s net capital outflow totalled $64.2 billion in January-March, compared with $17.5 billion in the first quarter of 2021.

(The story refiles to attach to alerts with no changes to text.)

(Reporting by Reuters; editing by John Stonestreet)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement