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Net Capital Outflow in July Totals $9 BLN
20.08.2013 15:40
Net Capital Outflow in July Totals $9 BLN
Photo Credit: http://genadiafanassjev.blogspot.com

The net capital outflow in private sector in July totaled more than $9 billion, says RBC daily.

      This led to a weaker rouble and prompted the Central Bank to intervene, the business newspaper quotes a study by the Higher School of Economics as saying.

      The size of extraordinary interventions amounted to $1.2 billion. 




Author: Mikhail Vesely

Tags: Higher School of Economics     

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