Page 50 - RusRPTAug20
P. 50
5.2.3 Capital flight dynamics
Russia Q2/20 private capital outflow $12.1bn, after $16.8bn in Q1/20. There were very small inflows in Q2/19 and Q3/19.
5.2.4 Gross international reserves
The volume of international reserves remained practically unchanged over the month of June, amounting to $574.0bn as of July 17.
Russia exported more gold than gas in the second quarter of 2020 for the first time in almost 30 years. Gold sales to foreign buyers came in at $3.6bn in April and May alone, business daily RBC reported, citing figures from Russia’s federal customs service — ahead of an estimated $3.5bn in gas sales for the full quarter. This was the first time since at least 1994 that gold exports
50 RUSSIA Country Report August 2020 www.intellinews.com