Direct investment in Russian cos by nonresidents rose 230% to $6.5 bln in H1 - Central Bank
MOSCOW. July 11 (Interfax) - Direct investment by nonresidents in Russia's non-bank sector rose 230% in H1 2016 year-on-year to $6.5 billion, up from $2.0 billion in H1 2015, according to balance-of-payments data published on the Central Bank's website.
Investments were estimated at $6.5 billion in Q2 2016, compared with $0.1 billion in Q1 2015 and were higher than the $5.9 billion invested in the whole of 2015.
Portfolio investments by non-residents in non-bank sector assets grew $2.4 billion in H1 2016, including $0.8 billion in Q2 2016 and $1.6 billion in Q1 2016. Portfolio investments fell $0.8 billion in H1 2015.
In H1 2016, the obligations of federal government agencies to non-residents on portfolio investments grew $3.5 billion after it fell $5.5 billion in H1 2015. Investments by nonresidents in government securities rose by $3.4 billion in Q2 2016, compared with growth of just $0.1 billion in Q1 2016.
