Russia’s net private capital outflow amounted to $21.3 billion in the first quarter of 2011, almost unchanged from $21.5 billion in the fourth quarter of last year, the Russian central bank’s balance of payments estimate showed on Tuesday.
Central Bank First Deputy Chairman Alexei Ulyukayev has said that Russia’s net capital outflow stood at $17 billion in January and February.
Russia’s current account surplus fell 4.5% year-on-year to $31.8 billion in January-March 2011, while the trade surplus increased 3.7% to $48.2 billion.
The capital and financial account deficit amounted to $15.9 billion in the first quarter of 2011 compared to $11.1 billion in 2010.
MOSCOW, April 5 (RIA Novosti)