Easing of ECB's monetary policy could bring about capital inflow to developing markets - Yudayeva
SOCHI. Sept 5 (Interfax) - Easing the European Central Bank's monetary policy could contribute to capital inflow to developing markets, all else being equal, First Deputy Central Bank Governor Ksenia Yudayeva told journalists on the sidelines of the international banking forum Russian Banks - 21st Century in Sochi on Friday.
"Obviously the European Central Bank's easing policy is bringing about global easing around the world and possibly capital inflow to developing markets. And all else being equal, this could contribute to capital inflow to the Russian market. But under present conditions, we will see how this might occur. There are other factors that could cause this impact to be limited," she said.
Yudayeva added that there was, on the other hand, a contradictory trend on global financial markets. While the European Central Bank is easing its policy, regulators in the U.S. and Great Britain are considering toughening their policies.
