Support The Moscow Times!

Capital Inflow Expected

The Central Bank expects capital inflows to begin after a new government is formed, Interfax reported, citing unidentified investors who met with bank Deputy Chairman Sergei Shvetsov.

The regulator sees Russia ending 2012 with a net private capital inflow after outflows estimated at $13.5 billion in January and $9 billion in February, according to Shvetsov's comments to potential eurobond investors.

Shvetsov also told investors that the Central Bank didn't see any need to boost economic growth now by reducing interest rates and would focus on containing inflation.

(MT)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more