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Bank of Russia estimates capital outflow in 2022 at $1 bln

Elvira Nabiullina stated that some people mix up financial account balance, which reached $227 bln at the end of last year, with the capital outflow

MOSCOW, April 12. /TASS/. The outflow of capital from Russia in 2022 reached around $1 bln, Governor of the Bank of Russia Elvira Nabiullina said on Wednesday.

"What we've always called capital outflow (the withdrawal of money for suspicious reasons) is now quite small - around $1 bln," she said.

Nabiullina stated that some people mix up financial account balance, which reached $227 bln at the end of last year, with the capital outflow.