OREANDA-NEWS. April 6, 2009. Net private capital outflow from Russia amounted to USD 38.8 bn in 1Q 2009, Chairman of the Bank of Russia Sergey Ignatiev said Friday. According to his data, the surplus of the balance of trade stood at USD27.1 bn in 1Q 2009 compared to USD 49.9 bn in the year-ago period. The surplus of the current account came in at USD 11.1 bn in January-March 2009 vs. USD 38 bn in 1Q 2008.

Ignatiev went on to say that exports amounted to USD 60.1 bn in 1Q 2009 compared to USD110.1 bn in January-March 2008, while imports amounted to USD38.4 bn in 1Q 2009 versus USD 60.2 bn in the first quarter of 2008.