Wednesday, December 6, 2017

Our balance of payments model suggests that the current account surplus would increase to USD64 billion and foreign reserves to USD390 billion next year if the oil price remains at the current level. The model also predicts that a USD10 pb increase boosts the current account by USD15 billion. 

IIF Authors

Ondrej Schneider

Ondrej
Schneider
Head of EM Europe Research
+1-202-857-3635
oschneider@iif.com

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