The Central Bank of Russia (CBR) raised its forecast for net capital outflow from Russia for 2018 to $66 billion from $55 billion, but lowered the forecast for 2019 to $25 billion from $27 billion, according to a revised draft of the CBR's monetary policy guidelines for 2019-2021.
MOSCOW (Pakistan Point News / Sputnik - 26th October, 2018) The Central Bank of Russia (CBR) raised its forecast for net capital outflow from Russia for 2018 to $66 billion from $55 billion, but lowered the forecast for 2019 to $25 billion from $27 billion, according to a revised draft of the CBR's monetary policy guidelines for 2019-2021.
The CBR lowered the forecast for net capital outflow from the country in 2020 to $15 billion from $18 billion and to $14 billion from $18 billion for the year 2021, according to the document.
