The Russian capital in Luxembourg

The Russian capital has found a new home, moving from Cyprus to the British jurisdiction, which accounted for two-thirds of direct investment from Russia in the first quarter, and in Luxembourg.

Direct investments in foreign countries from Russia in the first quarter of 2013 increased by six times to $ 65.8 billion from $ 10.8 billion a year earlier, according to data reported by the CBR.

Another retreat of capital from Russia became Luxembourg with investments from Russia in the amount of $ 14 billion in the first quarter of 2013, compared with $ 258 million in the first quarter of last year.