Russian central bank eyes 2016 net capital flight at $30-45 bln

MOSCOW, Feb 3 (PRIME) -- Net capital outflow from Russia is likely to slow down to U.S. $30-45 billion in 2016, as seen by PRIME in data of the central bank on Wednesday.

In 2015, Russia’s current account balance has rapidly adjusted to a weak ruble, while the current account surplus increased and net capital outflow fell sharply against 2014.

The net capital outflow from Russia fell 63% to U.S. $56.9 billion in 2015, according to preliminary data of the regulator.

Official forecasts of the central bank envisage a $53 billion capital outflow from the country in 2016, a $48 billion capital outflow in 2017 and a $46 billion capital outflow in 2018.

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