- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Russian Central Bank cuts net capital inflow forecast by $5 bln

Subscribe
MOSCOW, April 8 (RIA Novosti) - Russia's Central Bank downgraded its forecast for this year's net capital inflow by $5 billion to $35 billion, the first deputy chairman said on Tuesday.

"The Central Bank's forecast for net capital inflow in 2008 is $35 billion," Alexei Ulyukayev told a conference on world financial centers.

The Central Bank's monetary policy guidelines for 2008 earlier projected a net capital inflow of $40 billion.

Net private capital outflow from Russia stood at $23 billion in the first three months of the year and slowed down from more than $11 billion in January to $9 billion in February and $2.5 billion in March, Ulyukayev said.

He said net capital inflow into Russia in 2008 will be much lower than last year's figure of $82 billion.

In 2006, Russia registered a net capital inflow of $41 billion.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала