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    Home»Ministers»Russia’s external debt has decreased
    Russia’s external debt has decreased
    Ministers

    Russia’s external debt has decreased

    Zoey HallBy Zoey HallJanuary 20, 2023No Comments1 Min Read
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    Photo: RT (https://mf.b37mrtl.ru/russian/images/2023.01/article/63c7aa16ae5ac924d20c29a1.png)

    The Central Bank spoke about Russia’s external debt at the beginning of the year.

    Russia’s external debt, according to the regulator, as of January 1 this year amounted to $381.8 billion, a correspondent reports. DOPs with reference to information on the website TSB RF.

    The Central Bank notes that the indicator fell by $100.4 billion, and this dynamics is largely due to a decrease in the external debt of other sectors on loans.

    And the volume of Russia’s international reserves as of January 13 made up $592 billion, that is, increased by $10.0 billion over the week.

    By data Bank of Russia, the volume of incoming payments made through the payment system of the Central Bank of the Russian Federation last month significantly exceeded the level of the previous month and was 11.0% higher than the average indicator for the third quarter.

    “In all groups of industries, an increase in incoming financial flows was noted, exceeding the usual December seasonal growth. This may be due, in part, to an increase in the number of operations that may have previously been deferred. The main drivers of growth were industries focused on investment and consumer demand,” they added.

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