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Old Saint Basil's Cathedral in MoscowJohnson's Russia List title and scenes of Saint Petersburg
Excerpts from the JRL E-Mail Community :: Founded and Edited by David Johnson
#6 - JRL 2006-118 - JRL Home
Kudrin says Russia has zero capital outflow

ST. PETERSBURG. May 25 (Interfax) - Russia has zero capital outflow, Finance Minister Alexei Kudrin said in St. Petersburg.

"The overall private capital outflow balance is zero," Kudrin said at a state borrowing forum. That balance was $23 billion-$25 billion during the financial crisis in 1998, he said.

The currency market will be fully liberalized from July 1, 2006, Kudrin said.