Wednesday, February 20, 2008
Net capital outflow from Russia hits $9 bln in January - CBR
MOSCOW, February 7 (RIA Novosti) - Net capital outflow from Russia reached $9 billion in January 2008, following a twofold increase in net capital inflow into the country in 2007, a Central Bank official said Thursday. "We had a net capital outflow of $9 billion in January. The trend is quite likely to continue in February, March, and April," said Alexei Ulyukayev, first deputy chairman of the Central Bank. Net capital inflow into Russia doubled from $42 billion in 2006 to a record $82.3 billion in 2007.
# posted by Deval : 8:05 AM
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