Net Capital Outflow From Russia In Jan-Aug Grew 26.7% To $26.1Bln - Central Bank

(@FahadShabbir)

Net Capital Outflow From Russia in Jan-Aug Grew 26.7% to $26.1Bln - Central Bank

Net capital outflow from Russia in January-August increased by 26.7 percent compared with the same period last year and amounted to $26.1 billion, the Central Bank of Russia (CBR) said Tuesday

MOSCOW (UrduPoint News / Sputnik - 10th September, 2019) Net capital outflow from Russia in January-August increased by 26.7 percent compared with the same period last year and amounted to $26.1 billion, the Central Bank of Russia (CBR) said Tuesday.

"The positive balance of financial operations of the private sector in January-August 2019 amounted to $26.1 billion ($20.6 billion in January-August 2018). The dynamics of the indicator was mainly affected by the increase in foreign assets of banks and other sectors," it said.

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