All news

Finance minister expects investors to be more interested in Russian assets in 2015

According to the minister, investors are taking the changes in Russia's fiscal policy and implementation of the monetary policy positively

MOSCOW, March 27. /TASS/. The Russian Finance Minister Anton Siluanov expects more interest from investors to the Russian assets in 2015.

"If we continue implementing the anti-crisis measures and supporting the budget stabilization I’m sure in the current year we will be able to see growing interest to the Russian assets and an inflow of financial inputs in Russia’s assets despite rating downgrades," Siluanov said Friday.

"We do not see any risks in the current year, on the contrary investors are very positively taking the changes in our fiscal policy and the implementation of the monetary policy. Our securities have become more attractive due to lower costs, due to stabilization of the currency exchange rate, while our yields are quite high and much higher than in other emerging countries," Siluanov said.

Earlier Finance Minister estimated 2015 outflow of capital from Russia at $70-90 bln, while the Russian Central Bank estimated it at $111 bln.