“Net capital outflow by private sector from Russia in January-February grew by 2.2 times

– Net capital outflow by private sector from Russia in January-February of 2018, according to preliminary estimates, amounted to $9.8 billion, which is 2.2 times more compared to the same period in 2017, when it amounted to $4.4 billion reported in the information on the website of the CBR.

CB associates the dynamics of capital outflows this year, mainly from growth in foreign assets of banks and other sectors.

In this case the regulator notes that the country’s international reserves in January-February increased by $23.7 billion, compared to growth of $15.4 billion in January-February 2017.

Earlier the Central Bank estimated a net outflow of capital by the end of 2017 in the amount of $31.3 billion Under the baseline scenario (with an average oil price of $55 per barrel) is published in the December forecast, in 2018 it is expected to reach $16 billion.

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