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Russia’s capital outflow may reach 50B dollars 2011

There are preconditions for a possible growth of the rouble rate to "30 roubles and a few kopecks per one US dollar in the short term"

MOSCOW, October 5 (Itar-Tass) —— Russia’s Ministry of Economic Development forecasts capital outflow from the country over 2011 at 50 billion dollars, Deputy Minister Andrei Klepach told reporters on Wednesday.

“It may be even more,” he added.

Klepach said that there are preconditions for a possible growth of the rouble rate to “30 roubles and a few kopecks per one US dollar in the short term.”