RIA Novosti

Net capital outflow from Russia comes in below $10 bln in Q3

11:35 05/10/2009

Net capital outflow from Russia came in at less than $10 billion in the third quarter of the current year, the first deputy head of the Central Bank said on Monday.

ISTANBUL, October 5 (RIA Novosti) - Net capital outflow from Russia came in at less than $10 billion in the third quarter of the current year, the first deputy head of the Central Bank said on Monday.

Alexei Ulyukayev said a slight net capital inflow was expected in the fourth quarter, but the year's overall net outflow should ring in at $42 billion, as earlier predicted.

These figures are in line with the projections contained in a blueprint for state monetary policy for 2010 through 2012.

Russia's net capital outflow was $130 billion in 2008.

 

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