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Russia Government Forecast $100B Trade Surplus

December 2nd, 2009 · No Comments · Russia Economy

The Russian government and the Russian Economic Development Ministry estimate that the Russia is running a $100 billion Russian trade surplus according to the Daily News Bulletin.

While specifics were not given, it is projected that despite the expectation that Russian imports will rise more than Russian exports in 2010 the Russian surplus will still remain high and threaten the Russian economy as both large deficits and surplus do cause challenges for economies.

Russian international reserves currently stand at $445 billion.

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