Russia's current account surplus narrows to $12.9 bln in Jan-Feb - c.bank

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, March 10 (Reuters) - Russia's current account surplus shrank to $12.9 billion in January-February from $37.7 billion in the same period last year, the central bank said on Friday. Russia's current account surplus hit a record high in 2022, helped by a fall in imports and robust oil and gas exports that kept foreign money flowing in despite Western efforts to isolate the Russian economy over the conflict in Ukraine. (Reporting by Elena Fabrichnaya and Alexander Marrow Editing by Gareth Jones)

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