Massive capital outflow of foreign investors: how it will affect the Russian economy? – The Jewish Times

Western investors began to withdraw their Captal from Russia.

Kommersant.ru reports that last week of the Russian market was derived 39.2 million dollars. Western funds, investment policy which focused on Russia, revised their interests in favor of developing countries.

These Emerging Portfolio Fund Research show that in the last week of March, the interest of international investors in the Russian stock market has dropped significantly. The huge outflow of capital – 39.2 million dollars, 5 times higher than the amount of funds received from the previous week.

Experts say that one reason for this situation is the large capital inflows to developing countries. For the same week, they raised more than 256.6 million dollars.

The behavior of investors in the Russian market is also due to variations in the market price of oil.

However, Russian experts argue that nothing terrible has happened and the Russian stock market remains in the list of top gainers among the developed and emerging markets.