Investors in the week ended may 20 was taken from funds focused on Russian assets and bonds (including funds oriented not only on Russian), $210 million, follows from the data of Emerging Portfolio Fund Research (EPFR), which tracks the inflow and outflow of funds in investment funds and distribution of funds.
according to ITAR, a week earlier, was recorded a net outflow of capital in the amount of $110 million.
Recall also that, according to the Bank of Russia, as a whole the net outflow of capital from Russia in January—April 2020 reached $23.9 billion, Thus, net capital outflow from the country has decreased for the first 4 months of the current year by 13.4% compared with $27.6 billion a year earlier.
Over the past year, the net capital outflow from Russia amounted to $26.7 billion, showing a decrease of export by 2.4 times, compared with $63 billion a year earlier. The Central Bank explained that “a decisive impact on the specified amount provided the reduction in foreign liabilities of banks, while contribution of the other sectors net lending to the rest of the world has significantly reduced.”
on 7 February the Bank of Russia has revised its expectation for net capital outflow from the country this year — from $20 billion to $15 billion. in addition, it had lowered the estimate of the net outflow of capital from Russia in 2021 and 2022, from $15 billion to $10 billion.
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