OREANDA-NEWS. According to a tentative estimate of the Bank of Russia, in January-August 2015 the surplus in the Current Account of the balance of payments of the Russian Federation reached USD 51.1 billion, surpassing the corresponding 2014 period's level (USD 43.1 billion) which, primarily, resulted from the decline in the deficit of the trade in services' and investment income balances while the compression of the merchandise trade balance persisted under a considerable influence of falling prices for energy products.

Net capital outflows of the private sector in January-August 2015, according to the estimate, stood at \\$52.2 billion going down from the corresponding 2014 period's level of \\$77.1 billion, following a downward trend which manifested in lower outflows falling to minimal values in the course of the year. A marked distinction of the current year was in the overwhelming effect on cross-border capital flows of transactions to repay external indebtedness of banks and other sectors.