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The amount of currency in Russia has increased

02.04.2021

Over the past year, the volume of foreign currency in cash in Russia has grown sharply – from $82.3 billion to $96.3 billion. This is evidenced by the statistics “Change in assets of banks and other sectors in foreign currency cash”.

The main contribution was made by non-banking sectors, where the amount of dollars and other foreign currency increased by 18.1 percent, to 85.2 billion dollars. Previously, greater growth was recorded in 2008 (plus 24.5 billion), 2014 (plus 27.7 billion) and 2017 (plus 14 billion).

The head of the analytical department noted that the increase in the volume of foreign exchange in the economy almost coincides with the growth of cash rubles in circulation. During the same period, their number increased by 26.4 percent.