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Capital outflow from Russia reaches $17 billion in January

February 20, 2012, 15:46 UTC+3

An influx is expected to be registered in February

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KOMSOMOLSK-ON-AMUR, February 20 (Itar-Tass) — The capital outflow from Russia reached around 17 billion dollars in January, Deputy Economic Development Minister Andrei Klepach told reporters on Monday forecasting the capital influx in February.

“If we take into account the correlation between changes in reserves and the current account balance, then we will probably have the outflow equaling 17 billion dollars,” he said.

“As for February it is difficult to say, but we proceed from the assumption that we will register the influx,” Klepach said.


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