From Russia moved fast to withdraw money

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Photo: Artyom Geodakyan / TASS

The Bank of Russia recorded a sharp rise in withdrawals from Russia. This is stated in the message controller.

According to the Central Bank for the first half of 2018 from Russia brought to 21.5 billion dollars, which is 2.5 times higher than the same period last year, when it was withdrawn 8.7 million. Until the end of the year, the Central Bank expects increase this figure to 30 billion.

“The current dynamics of the indicator was caused mainly by growth in foreign assets of other sectors, coupled with the continued reduction of Bank liabilities to non-residents,” explains the sharp rise in the outflow of the regulator.

By the end of 2017 from Russia brought to 31.3 billion dollars, which is 1.6 times more than in 2016. The main reason, according to the Central Bank, the reduction of debts to foreign holders of Russian obligations.

Research division of Citibank had earlier suggested that the outflow of capital from the Russian market due to increasing sanctions and confrontation between Moscow and Washington. In such circumstances, investors see the Russian assets too high risks and withdrawing money.

Video, photo All from Russia.

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