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Russia sees drop in foreign investments
RBC, 20.11.2009, Moscow 12:39:28.Russia's economy received a total of $54.7bn in foreign investments in January-September 2009, 27.8 percent less than in the corresponding period of the previous year, the Russian Federal Statistics Service (Rosstat) reported today. The amount of redeemed foreign investments stood at $50.6bn, showing an increase of 5.3 percent compared to January-September 2008. Accrued foreign capital in Russia's economy (the total amount of investments calculated from the time of investment, including redemption and assets and liabilities' revaluation) stood at $262.54bn, 4.4 percent greater than in the first nine months of 2008. Russia's main investors were Luxembourg, the Netherlands, Cyprus, Germany, the UK, France, the USA, Ireland, Virgin Islands, and Japan. These countries account for 83.7 percent of accrued foreign investments. Meanwhile, Russia's investments in other countries amounted to $65.6bn as of the end of September 2009.
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