Russian capital outflows at $60 bln, exceeding last year-US

by Reuters
Monday, 28 April 2014 13:42 GMT

WASHINGTON, April 28 (Reuters) - Russia has seen some $60 billion in capital outflows so far this year, exceeding the total from 2013 and resulting from sanctions the international community has imposed on Moscow because of its actions in Ukraine, a U.S. official said on Monday.

On a call to discuss new sanctions against Russia, the U.S. official told reporters that the Russian currency and stock markets were all performing poorly compared to their counterparts in major emerging markets. (Reporting by Steve Holland and Jeff Mason; Editing by Doina Chiacu)


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