The net capital outflow from Russia in 2015 was $56.9 billion, compared to $153 billion the year before, the Central Bank of Russia reports. “Contrary to previous years, the main part of the net capital outflow was a result of private external debt redemption. Most significant was a decrease in the banking sector`s external liabilities which happened not only because of foreign asset sales, but also because of funds accumulated on current account transactions,” said the statement from the Central Bank.
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INC News, 19/01/2016 - source: ©RTNews
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