factory supply Dopple Finance (DOP) Analysis Russia

  • factory supply Dopple Finance (DOP) Analysis Russia
  • factory supply Dopple Finance (DOP) Analysis Russia
  • factory supply Dopple Finance (DOP) Analysis Russia
  • How does the balance of payments of Russia influence economic policy?
  • The balance of payments of Russia shows significant influence of the state on the financial and economic policy due to significant interrelations of "Goods, credit (exports)" and "Debit (import) goods", "Services, credit (exports)" and "Debit (import) services".
  • Is Russia's capital account a hole in the ruble's defences?
  • Meanwhile, Russia's capital account is a clear hole in the ruble's defences, as persistent (and mostly one-way) accumulation of foreign assets by the private non-financial sector offsets the lion's share of the current account surplus, leaving the local FX market vulnerable to jittery portfolio flows.
  • How did Russia's currency perform in 2H21?
  • First, the ruble managed to show a relatively strong performance vs the US dollar and Euro (around 30% of Russia's imports originate in EU) in 2H21 (Figure 4), making imports a bit more affordable.

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