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goods and services - $40.2bn, the negative balance of primary and secondary income - to increase by $2.6bn.
According to the baseline scenario of the Central Bank’s forecast for 2022, updated in April, with an average annual oil price of $75 per barrel, the current account surplus is expected to be $145bn, and the positive balance of foreign trade in goods and services is expected to be $184bn.
Main trade indicators $bn
Aggregates
Current account
Balance on goods and services
Balance on primary and secondary income
source: CBR
January-May 2022
5.2.4 Gross international reserves
January-May (estimate) 2021
110.3 32.1 124.3 44.5
-14 -12.4
Russia holds a third of all Chinese Renminbi reserves, much more than any other country.
Russia's international reserves fell to $582.3bn in the week of June 17 from $594.6bn in the week of June 10, according to the Bank of Russia.
The United States has imposed a ban on the import of gold from Russia on June 28. The order to that effect has been published on the website of the US Treasury Department. "The importation into the United States of gold of
88 RUSSIA Country Report October 2020
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