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Capital inflow into Russia in Oct. $11 bln - ministry source

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MOSCOW, November 9 (RIA Novosti) - The Finance Ministry estimates net capital inflow into Russia in October 2007 at $11 billion, a ministry source said on Friday.

The official said net capital inflow (the amount by which inflow exceeds outflow) in the week from October 26 to November 2 stood at $4 billion.

Sales of bankrupt oil company Yukos's assets through liquidation auctions and the IPOs of Russia's biggest banks, VTB and Sberbank, attracted record levels of capital inflow into Russia in the first half of the year.

The country saw a $13.5 billion of net inflow in the first quarter and $52.7 billion in April-June, the Central Bank said earlier.

However, the figure for the first nine months of the year leveled off at $57 billion amid international turmoil on financial markets, the bank said.

The Central Bank's capital inflow forecast for 2007 is $70 billion, compared to $42 billion in 2006.

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