Page 46 - RusRPTMay19

5.2.3 Capital flight dynamics
Net outflow of capital from Russia in January - March 2019 increased 1.6 times compared with the same period last year and amounted to $25.2bn, the Central Bank reports. In the first quarter of 2018, this figure reached $16.1bn.
The regulator notes that such a dynamic is due to the "increase in residents' investments in foreign assets, which was partially offset by the commitment."
According to the Central Bank, the positive balance of the current account balance of Russia’s balance of payments in the first quarter of 2019 increased to $32.8bn from $30bn in the first quarter of 2018. This was due to the
46 RUSSIA Country Report May 2019 www.intellinews.com