DEUTSCHE MORGAN GRENFELL
DEUTSCHE MORGAN GRENFELL
estimated capital flight at over $22 billion in 1996, and the Central Bank is willing to acknowledge a loss of $60 billion – $70 billion since 1991. That figure is probably low. Some Russian officials say Russians have stashed over $200 billion in accounts abroad. The outflow is likely to increase if fears of inflation or devaluation take hold.
