13 Jan 2011 12:36

Russia had approx $38.3 bln capital outflow in 2010 -Central Bank

MOSCOW. Jan 13 (Interfax) - Russia had an estimated $38.3 billion net capital outflow in 2010, the Central Bank said in materials.

This was more than the $22 billion net capital outflow that the Central Bank previously forecast for 2010 but 32.6% less than the $56.9 billion than flowed out of the country in 2009.

Capital outflow was $22.7 billion in Q4 2010.

Outflow was $14.7 billion in Q1 2010 and $3.7 billion in Q3 2010, but Russia had $2.8 billion inflow in Q2 2010.

Banks brought a net $11.4 billion into Russia in 2010 as a whole and other sectors took $49.7 billion out. In Q4 2010, banks removed $6.2 billion and companies - $16.2 billion from Russia.