06:54 GMT +322 September 2018
Listen Live
    Business

    Net capital inflow in Russia hits $57 bln in Jan-Sep

    Business
    Get short URL
    0 01

    Russia's net capital inflow totaled $57 billion in the first nine months of the year, the Central Bank said Friday.

    MOSCOW, October 19 (RIA Novosti) - Russia's net capital inflow totaled $57 billion in the first nine months of the year, the Central Bank said Friday.

    The country saw net capital inflow of $59 billion in January-August, but a net outflow of $2 billion in September.

    The annual net capital inflow in 2007 could reach up to $65 billion, the first deputy chairman of the Central Bank, Alexei Ulyukayev said.

    The official Central Bank forecast for net capital inflow in 2007 is $70 billion, compared with $42 billion in 2006.

    Russia's net capital inflow saw a considerable growth in April and May this year due to IPOs by Sberbank and Vneshtorgbank (VTB) totaling $16 billion.

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment