Sands predicted the change of capital outflows to inflows

Press Secretary of the President convinced that in Russia conditions for capital flows. In turn, the Minister of economic development believes that “a new wave of arrival of new investors” will happen in the next period of stability

Dmitry Peskov

(Photo: Mikhail Metzel / TASS)

Reason for worry due to the increase in capital outflow from Russia is not, said spokesman for the Russian President, Dmitry Peskov. In an interview with TV channel “Rain” he said that the macroeconomic situation in Russia is stable, despite “moments of volatility”, in that more capital goes outside the country.

“Different situation. But there are still absolutely free to invest, and this is a guarantee that on change outflow inflow will come”, — said Peskov.

Earlier, the Bank of Russia reported that in January—October of 2018, the outflow of capital from Russia amounted to $42.2 billion, almost three times the figure in the first ten months of 2017. The Central Bank also noted that the reason for the growth in the outflow of capital began operations of banks for the repayment of external liabilities and operations of enterprises of other sectors for the acquisition of financial assets abroad.

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