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If $50 billion leaves Russia in 2012, no problem: Ulyukayev

Friday, February 03, 2012 - 04:20

Feb. 3 - Money can continue leaving Russia in 2012 and outflows can reach $50 billion as street protests gain pace, but Russian central banker Alexei Ulyukayev tells Reuters it doesn't bother him.

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Rushing -- tickets and a little bit nervous with the presidential elections in just over months' time. And street pay it's just gaining pace in the meanwhile join me now is the first deputy governor of the Russian central bank -- to archive. Mr. -- how stable is rushing currents and the Russian economy -- amendments. I was certain of this table and keeping in mind that we really close to the pretty -- that means that. Of course proposed salute to -- a day over a week. But you know it trans -- quite positive. And -- decent -- brown -- now. He's not sitting you know Dave Wright -- that is until the domestic currency markets before. We normally -- so a lot of arm slot means part then hit two and in those tomorrow. Now. The amount of cooperation and dunes but just maintenance. Both goals in -- morning. But teaching tool -- and the press show on through -- from day's political events and from -- some economists cool increasing political risks. We've probably. People who have something like that. Lost four hole. Then to -- them but now I believe that the markets. Just included. -- this series so this politicos formations and that corporations. And personal some additional pressure now. What's will be happening achieved through them in 2012. It's going to quote him as I said before and I would say that -- have 50%. For some boot issue of public comments 50% of on what happens. Oh what's of the major faxes we'll -- the main trying to infects a -- but Froogle is it'll do. Two friends post world. And that that means that the content for the comparable to balance of payment. And the other point is that -- to move in pool of cool the balance of this two points. Who create the environment for hopefuls to be popularly known Congo. All the Topeka capital outflows capital outflows outs of Russia amounted to staggering 824 blue angels in 2011. Why do you think it happens. Perhaps that is that a statistical phenomenon. I'm not that much happier with the -- -- at this -- This is from that. Patrick. Means the difference between gross. -- of course well. But it means money in the country. My Newton country yes but this is statistical. I mean. If we just. -- couple of Europe and over. Really practical to reduce it to know -- -- Gross -- -- flowed toppled into post and eleven according to -- -- patent that -- is this how the difference will be -- goes so this is of course that sort of phenomena post second. The economical reasons -- different because. The trying to figure pay you for plaques pups of different economic things right. Directs. Investments that are sort of investments. Purported investments and then. Credited for loans and how the money market their -- he didn't think that it's just. Invest is maybe even long term investors who just put an ounce of Russia and bringing all the money rip them and now possibly this one governors brought this is. Minority of pot to perform this operation most of this mission in the money market. -- expect these trend to continue in 2012. I think that probably rules. The statistical proof he's out of -- but of course much how much it. And justified. 101520. You can indeed fifty billion dollars. Couldn't feel like that brought to you see it -- not been added I think about that because there's there's that it's no real economic. Sensitive -- and that's because.

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If $50 billion leaves Russia in 2012, no problem: Ulyukayev

Friday, February 03, 2012 - 04:20