Net capital outflow from Russia increased from $9 billion in the second quarter to $18 billion in the third quarter of 2023. The newspaper writes about this “News” Referring to the HSE bulletin “Comments on Government and Business”.
Experts attribute this to the weakening of the ruble in recent months. As the study’s author, leading HSE expert Sergei Pukhov, noted, the main reason was increased outflows from companies, not individuals. This is due to delays in export revenues. According to Pukhov, outflow increased primarily due to the actions of companies. The main reason for this is the delay in export earnings.
Another expert, Denis Perepelitsa, drew attention to factors such as the withdrawal of foreign companies from the Russian market and the deterioration of the investment environment. Another reason stated is the increase in payments made to foreign investors in legal disputes. In the first half of 2023, the number of such cases increased by 60%.
Despite the growth in the indicator, capital outflow is still quite low compared to 2022. Perepelitsa, which later reached 243 billion dollars, believes that the peak has been exceeded.
Previously at the Ministry of Economic Development in the name a factor that can strengthen the ruble exchange rate.
Previously in the USA appreciated Stability of the Russian economy.
Source: Gazeta
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