Brazil’s football star Carlos: Germany, Portugal to meet in 2017 Confederations Cup finalSport March 24, 20:45
Belarus to stamp on any conflict unleashed as in Ukraine, president saysWorld March 24, 19:41
Russia to stage best ever edition of FIFA Confederations Cup this year — Brazil’s CarlosSport March 24, 19:28
Jehovah’s Witnesses say they have no suspension orders from Justice Ministry yetSociety & Culture March 24, 19:10
Islamic State claims responsibility for attack on National Guard base in ChechnyaWorld March 24, 18:51
Eurovision organizers set to find solution for Russia's contestant to perfom in KievWorld March 24, 18:46
Russia’s Airborne Force wraps up large-scale drills in CrimeaMilitary & Defense March 24, 18:20
Russia may start Ka-52 attack helicopter deliveries to Egypt in 2nd half of yearMilitary & Defense March 24, 17:21
Ex-Russian MP’s suspected assassin’s ‘double’ pops up in UkraineWorld March 24, 16:59
MOSCOW, January 16. /TASS/. Russian net capital outflows by banks and enterprises more than doubled in 2014 compared with the previous year, and reached $151.5 billion, the Central Bank said in a note published on its website.
In 2013, the capital outflow from Russia totaled $61 billion, the Bank of Russia reported.
Last year the financial regulator first provided currency liquidity for banks on a repayable basis, the press-service told TASS on Friday. “Thus, $19.8 billion of capital outflow is short-term,” the bank said.
External debt payments by banks and companies amidst falling capabilities for debt refinancing due to sanctions have become a huge trigger for the growth of capital outflow in the private sector in 2014, the Central Bank said.
“In 2015, we expect the volume of external debt payments to decrease, which must have a positive impact on the capital outflow indicators,” the bank’s press service said.
Surplus of Russia's foreign trade went up by 2% to $185.6 billion in 2014, according to the Central Bank of Russia's preliminary estimate made public on Friday.
In 2013, the indicator was at $181.9 billion.
In October-December 2014, Russia's foreign trade surplus amounted to $37.5 billion, which was 17% smaller than in the previous quarter of the year.
Russia’s current account surplus rose by 67% in 2014 to $56.7 billion, the Bank of Russia reported on Friday. This compares to $63 billion forecasted by the financial regulator.
In 2013, the current account surplus totaled $34 billion.