Russia’s foreign debt reached $ 521 billion since the beginning of the year – Rosbalt.RU

 Russia’s foreign debt since the beginning of this year increased by $ 3 billion and reached $ 521,5 billion at July 1, follows from the materials of the Central Bank of the Russian Federation.

 “According to the Bank of Russia, the accumulated foreign debt of the Russian Federation as of July 1, 2016 amounted to 521.5 billion US dollars and has grown since the beginning of the year to $ 3 billion or 0.6%”, – says Central Bank

 As explained by the regulator, “the increase in the external debt of the country was the result of activation of the acquisition by non-residents of sovereign debt in rubles on the secondary market, as well as the accrual of dividends to shareholders of Russian companies».

 The external debt structure still dominated by obligations of the private sector, a third of which fell on banks and two thirds – to other sectors of the economy

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 In particular, the external debt of non-banking sectors increased in II quarter by $ 901 million to $ 349.364 ppb Banks have lowered debt during the quarter to $ 2.205 billion to $ 127.597 ppb

 The external debt of general government increased in April-June to $ 2.757 billion to $ 34.851 billion.