Surge in Russian capital outflows adds to economic woes


  • World
  • Wednesday, 09 Apr 2014

MOSCOW (Reuters) - A surge in capital outflows from Russia underscores how international tensions over Ukraine are adding to the woes of Russia's already struggling economy.

Russia's central bank has published balance of payments data that showed an estimated $63.7 billion (38 billion pounds) in net capital outflow in the first three months of this year - as much as the $63 billion (37 billion pounds) in outflows seen during the whole of 2013.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Death toll from Kenya floods rises to 228
On Orthodox Easter, Zelenskiy calls on Ukrainians to unite in prayer
Russia blames Baltic countries for the severing of most ties
Panamanians vote in crowded field of presidential contenders
Putin attends Easter service led by head of Russia's Orthodox Church
Fake videos of Modi aides trigger political showdown in India election
Australian police shoot boy dead after stabbing with 'hallmarks' of terrorism
Togo ruling party wins sweeping majority in legislative poll, final provisional results show
Dead bodies in Mexico most probably are missing U.S., Australian surfers
Roundup: Tanzania battles devastating floods triggered by torrential rains

Others Also Read