RIA Novosti

Russia's net capital inflow hits $10bln in October - Central Bank

17:20 05/11/2009

Net capital inflow into Russia hit an estimated $10 billion in October, Central Bank First Deputy Chairman Alexei Ulyukaev said on Thursday.

MOSCOW, November 5 (RIA Novosti) - Net capital inflow into Russia hit an estimated $10 billion in October, Central Bank First Deputy Chairman Alexei Ulyukaev said on Thursday.

Ulyukayev said, however, the Central Bank would stick to its capital outflow forecast of $42 billion in 2009.

Russia registered net capital outflow of $130 billion in 2008.

Net capital outflow from Russia slowed to $6 billion in September from $9.4 billion in August and $16 billion in July.

Ulyukayev earlier estimated net capital inflow in the fourth quarter of 2009 at $15-20 billion. Russia registered net capital outflow of over $60 billion in the first three quarters of the year.

 

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