Russian Central Bank Reports a $0.7 Billion Current Account Deficit in January 2025

According to the Central Bank, in January 2025, Russia's current account deficit was $0.7 billion. This is in contrast to a surplus of $2.9 billion in January 2024 and a deficit of $1.6 billion in December 2024. The data also revealed a decrease in the foreign trade surplus to $4.5 billion from $5.6 billion in the prior month.