Economics
Russia Capital Rush Extends to $13 Billion Last Quarter
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Russia’s capital outflow extended for the 17th consecutive quarter amid economic sanctions from the U.S. and the European Union, bringing this year’s redemptions to about $85 billion.
Net private capital outflows were $13 billion from July through September, according to a central bank estimate published today. That compares with $48.6 billion in the first quarter and $23.7 billion in the prior three months.