Contents tagged with 2017

  • Net outflow of capital from Russia more than doubled in January-September

    According to the Central Bank of Russia, net capital outflow from Russia increased 2.1 times in January-September 2017, reaching $21 billion according to preliminary estimates, compared to $10 billion in the same period last year.

    “Based on preliminary estimates by the Bank of Russia, net capital exports by the private sector emerged at the level of USD $21 billion (USD $10 billion in January-September 2016)," the regulator's report notes.

    As the Central Bank indicated, "in contrast to the …