Kremlin responded to record outflow of capital from Russia

There are no reasons for concern because of the outflow of capital from Russia, the situation in the world markets volatile, said the official representative of the Kremlin Dmitry Peskov, reports RIA Novosti.

He added that the markets are developing in a sinusoid, and “money come and go.” “Volatility is large enough and in our markets,” – noted the sands. According to the representative of the Kremlin, there is no reason for concern, because all the fundamental foundations of macroeconomic stability are observed.

So the sands responded to the data on the fact that according to BCS Global Markets, the net outflow of funds from funds investing in Russian assets and bonds per week amounted to $ 270 million. This is a record low since April 2020.

According to the Central Bank, the net outflow of capital from Russia in January-October amounted to $ 65.7 billion vs. $ 42.7 billion in the same period in the 2020th. For the last week, from October 29 to November 5, Russia’s international reserves decreased by 0.2 percent, up to 622.1 billion dollars. This happened due to negative revaluation.

In July of this year, the Central Bank significantly raised the forecast on the outflow of capital in 2021 – from $ 35 billion to 50 billion.

/Media reports.