Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign money flowing in despite Western efforts to isolate the Russian economy. Russia’s current account—a measure of the difference between all money coming into a country through…
Russia Posts Record Current Account Surplus of $227 Billion in 2022
January 18, 2023
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Asian Shares Stem Recent Losses, Attention on CenBank Tapering
HONG KONG—Asian shares rallied on Friday after two days of losses, but were still in a nervous mood as global investors grapple with how best to interpret central banks’ cautious moves to end stimulus, which also left currency markets quiet. MSCI’s broadest index of Asia-Pacific shares outside Japan, gained 0.47 percent in early trading, but…
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