The outflow of capital from Russia in I half of 2016 fell almost 5 times compared to the same period last year, to $ 10.5 billion. “The main impact on the dynamics of capital outflows had a sharp reduction in intensity payments on the foreign debt, which was accompanied by some revival in demand for foreign assets by the company “, – the report said the Bank of Russia. The positive balance of current account Russia’s balance of payments amounted to $ 15.9 billion and was significantly lower than the previous year ($ 46.5 billion in January-June 2015).
Economic Development Russia has linked the sharp decline in the outflow of capital from Russia in the six months in 2016 with the recovery of demand for Russian assets. “Development of Russia in the calculations of the Central Bank uses data on capital outflows. The sharp reduction in the outflow of capital due to the sharp decrease in the intensity of repayment of external liabilities and the recovery in demand for foreign assets “, – quotes the representative of the Ministry TASS
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