Kremlin: capital outflow from Russia to be replaced by inflow

Kremlin: capital outflow from Russia to be replaced by inflow

Russian presidential spokesman Dmitry Peskov sees no reason for concerns due to growth of capital outflow from Russia. He noted that Russia’s financial and economic situation is stable.

"The process is quite volatile - both outflow and inflow," the Kremlin spokesperson noted. "Capital lives only where there is freedom of movement for this capital. In this case, it is important not to forget that Russia is a country where it is difficult to dispute the fact of financial and economic stability," TASS cited him as saying.

"At the same time, there are absolutely free conditions for the movement of capital in the country. This guarantees that the outflow will be replaced by an inflow," Peskov stressed.

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