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Annual capital outflow from Russia may exceed $200 billion Am | Euphoria | Crypto News

Annual capital outflow from Russia may exceed $200 billion

Amid the geopolitical shock, net outflows from the private sector reached $130 billion, or 11% of GDP, in the first half of 2022. Personal remittances by Russians abroad since February 2022 have totaled approximately $14 billion.

Analysts noted that the volume of remittances abroad increased.

The trend paused when Russia introduced capital controls and resumed when they were loosened.