OPEC+ cuts to hit Russian external surplus into 2021
The current account and trade surpluses halved in the first nine months as hydocarbon export values and volumes fell
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In this article
- Exports down all round
- Oil and gas revenues slump
- Fuel volumes down
- Wheat and gold are bright spots
- Tourism collapse affects services account
- Damaging depreciation
- Capital inflows shrink
- Private outflows remain high
- Curbing offshore transactions
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