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CBR forecasts inflow of capital to RF in May-June

April 03, 2012, 12:11 UTC+3

He recalled that at present the positive balance of the current operations account amounts to 11-12 billion dollars

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MOSCOW, April 3 (Itar-Tass) —— The Central Bank of Russia (CBR) forecasts an inflow of foreign capital to the Russia Federation, CBR first deputy chairman Alexei Ulyukayev told a conference here on Tuesday. He recalled that at present the positive balance of the current operations account amounts to 11-12 billion dollars and in the near future the positive balance of both current and capital accounts can develop.

According to him, it will lead to a considerable inflow of liquidity to the Russian market, which, in its turn, will create a pressure on inflation. That’s why, as Ulyukayev believes, it is necessary to reorient to the encouragement of internal savings and investments.

 

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