Russia’s Capital Outflow More Than Doubled in 2018 to $68 Bln

Around $36.5 billion worth of capital left Russia between October and December 2018
Russia’s Capital Outflow More Than Doubled in 2018 to $68 Bln
18 January 14:10 2019 Print This Article

Russia saw a net capital outflow of $67.5 billion in the private sector in 2018, or 2.6 times more than the previous year, according to reports  Russian Central Bank data.

Capital outflow increased in Russia in recent months on the back of tightening Western sanctions. Initial Central Bank estimates placed the net outflow of capital from Russia at $31.3 billion in 2017, 1.6 times more than the previous year.

Around $36.5 billion worth of capital left Russia between October and December 2018.

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