Could 29 (Reuters) – Overseas buyers who left Russia after promoting their companies there between March 2022 and March 2023 withdrew about $36 billion from the nation, the state RIA information company reported on Monday, citing evaluation of information from the Central Financial institution.
Scores of the world’s greatest firms have left or scaled again their operations in Russia in response to Moscow’s invasion of Ukraine in February 2022.
Final week, the central financial institution performed down the affect of overseas firm exits, saying that round 200 sale offers had been accomplished within the March 2022-23 interval, with simply 20% involving giant asset gross sales, these in extra of $100 million.
Moscow calls its actions in Ukraine a particular army operation, whereas Kyiv and its West allies name it an unprovoked aggression to seize land.
Reporting by Lidia Kelly in Melbourne; Enhancing by Michael Perry
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