CB: the outflow of capital from Russia January-November 2015, tentatively amounted to $53 billion

MOSCOW, December 9. Net capital outflow from Russia in January-November 2015, tentatively amounted to $53 billion, down by more than half compared with the figure for the same period of 2014. This is stated in the materials of Bank of Russia.

“His level is formed mainly in the first half of 2015 due to the operations associated with the repayment of external obligations by banks and increased foreign assets from other sectors. The amount of net capital export of private sector in the second half of this year was at the minimum in recent years the level on the background of significant reduction of foreign debt repayment and contraction in net demand for foreign assets,” as explained in the Central Bank.