No capital exodus from Russia - Storchak
MOSCOW. Jan 22 (Interfax) - No panic exodus of capital from Russia is taking place, and companies are paying off loans on schedule, Deputy Russian Finance Minister Sergei Storchak said in the State Duma.
"Regarding the removal of capital from Russia, the most diverse of measures are being taken, and latest events show that mist overseas transfer of foreign exchange funds are due to the repayment of private and export loans raised in the past. We need a balanced assessment of what is actually happening: no panic exodus of capital from Russia is taking place," he said.
"The major state corporations that have taken out loans abroad are working to plan. We are monitoring the situation, we know they are fulfilling their scheduled obligations, pure and simple," he said.