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Russia hits new all-time record for capital outflow

Source: PRIME

In the week between March 12 and March 18, investors removed $1.4 billion from Russian assets. According to a review by the company BCS Global Markets, this represents the largest weekly capital outflow ever recorded from the country.

The previous week’s outflow rose to $590 million. Between March 12 and 18, the ruble also lost about eight percent of its value.