08:50 GMT +322 January 2017
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    Russian Central Bank

    Russia's Net Capital Outflow Totals $9.6Bln in Jan.-Sept. 2016

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    Russia's net capital outflow in the first nine months of 2016 totaled $9.6 billion, the Bank of Russia reported on Tuesday.

    MOSCOW (Sputnik) — The figure indicates a five-fold decrease from $48.1 billion registered in the same period last year.

    In September, the Bank of Russia lowered its forecast on Russia's capital outflow in 2016 from $25 bln to $14 bln, and in 2017 from $25 bln to $18 bln.

    The average net capital outflow in 2018-2019 is expected at $25 bln, according to the Central Bank.

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