Page 59 - RusRPTAug21

The positive balance of financial transactions of private sector in January-June 2021 amounted to $28.2bn ($31.2bn a year earlier). It was formed mainly by the growth of other sectors’ investments in foreign assets with a slight decrease of external liabilities, while a year earlier the reduction of external liabilities of banks was also noticeable in the dynamics of the indicator.
International reserves increased by $12.0bn mainly as a result of foreign currency transactions carried out by the Bank of Russia under the fiscal rule.
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59 RUSSIA Country Report August 2021 www.intellinews.com