Page 53 - RusRPTDec21

was a result of an increase of investment income paid to non-residents amid a gradual recovery in business activity;
— the surplus of financial transactions of the private sector rose by $23.0bn in comparison with the previous year largely due to the other sectors’ transactions on the assets placement abroad;
— international reserves increased by $56.3bn mainly as a result of foreign currency transactions carried out in the domestic foreign exchange market under the fiscal rule as well as the acquisition by the Russian Federation of special drawing rights (SDRs) in the amount of $17.5bn within the framework of the IMF decision on the new SDR allocation among member countries.
In January-August 2021, Russia's foreign trade turnover amounted, according to the Bank of Russia, to $ 492.1bn (137.8% compared to January-August 2020), including exports - $ 299.1bn (144, 0%), imports - $193.0bn (129.2%). The trade balance remained positive, $106.0bn(in January-August 2020 - positive, $58.bn).
Aggregates ($bn) January — October January — October 2021 2020
Current account
Trade balance
Balance on financial transactions of the private sector Change in reserve assets*
94.4 30.0 142.1 75.5 65.7 42.7
56.3 -10.7
53 RUSSIA Country Report December 2021 www.intellinews.com