The Central Bank has improved the forecast on capital outflow in the current year


Moscow. November 3. The Central Bank has improved the forecast on capital outflow in 2015 to just over $70 billion from $85 billion, said the Chairman of the Bank of Russia Elvira Nabiullina, speaking in the state Duma.

In year 2016-2017, according to her, the outflow will be at the level of $60 billion a year.

As reported, the Bank of Russia in the third quarter recorded an inflow of capital in Russia at the level of $5.3 billion in total during 9 months of net outflow of capital from the country amounted to $45 billion.

Foreign exchange reserves of the Central Bank in the baseline scenario of the forecast 2016-2018 remain unchanged, Nabiullina also said. In 2015, according to the Central Bank, reserves to decrease slightly by $8 billion the Forecast for 2016-2018, assumes oil prices of $50 per barrel three years.