The Central Bank raised the estimate of net capital outflows in 2018

© RIA Novosti / Kirill to Kallinikova in fotoreceptor of the Central Bank Elvira Nabiullina at a press conference following the meeting of the Board of Directors of the Bank of Russia. 15 Dec 2017The Central Bank raised the estimate of net capital outflows in 2018© RIA Novosti / Kirill to Kallinikova the image Bank

The Central Bank of Russia has raised its estimate of net capital outflows in 2018 to $ 16 billion with $ 10 billion, said the head of the Central Bank Elvira Nabiullina.

«In the updated baseline scenario, we now do not predict the decline in the current account balance in 2018. It is, in our estimation, will be about 43 billion dollars after $ 40 billion by the end of this year…. Given that it is now in the forecast laid higher oil prices and a higher current account balance, as a result, we increased the estimate of net private capital outflow in the next year from 10 to 16 billion dollars», — she said at a press conference.

The regulator, according to her, raised its forecast of oil prices for the year 2018 in the baseline scenario, to about 55 to 44 dollars per barrel.

The Central Bank raised the estimate of net capital outflows in 2018Go to photobacteria oil revenues and other revenues

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