cbr quarterly_review, 2004-06-30
The acceleration of growth in foreign currency deposits (11.7% in Q2 as against 2.7% in Q1) was accompanied by the change of the trend and in the dynamics of the value of foreign exchange in the non-banking sector of the economy: after a contraction by $3.2 billion in Q1, in April-June it grew by about $500 million, according to a preliminary balance of payments estimate (in 2003 Q2, it contracted by $2.4 billion).
Sentiment: neutral
Topic: mp_economic_activity