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Russia's capital outflow reaches $64 billion since January.

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The outflow reached $17.5 billion in the same period last year and $72 billion for the whole of 2021. Foreign investors heavily withdrew their assets from Russia due to its war against Ukraine, to the point that Russia's Central Bank temporarily limited the possibility of withdrawing assets abroad, including for foreign investors.

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We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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