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Net private capital outflow from Russia reaches $61 bln in Jan-Oct

Ministry of Economic Development predicts the outflow of $70 billion

MOSCOW, November 21 (Itar-Tass) — Net private capital outflow from Russia reached $61 billion in January-October as against $60 billion over the same period of last year, the chairman of the Central Bank of Russia told a State Duma session on Wednesday.

Meanwhile, the Central Bank of Russia forecasts that capital outflow from Russia may reach $67 billion in 2012, while the Ministry of Economic Development predicts the outflow of $70 billion.