at the Central Bank of Russia declarationThat in July, funds of the population in banks of the Russian Federation increased by 1.1%, companies – by 0.7%.
According to the Central Bank, placements mainly in ruble accounts increased.
“After a June exit (-1.0%), corporate funds grew modestly in July (+349 billion rubles, +0.7%), despite significant taxes paid,” the bank said.
Formerly the Central Bank of Russia Established Official dollar, euro and yuan rates on August 19-21 follow from regulator’s data.
The official dollar rate was reduced by 34 kopecks to 93,4047 rubles. The euro rate was reduced by 70 kopecks. and amounted to 101,4802 rubles.
Financial analyst Mikhail Belyaev, who previously holds a PhD in Economics, said that the root causes of the ruble’s depreciation against the dollar have not been eliminated, so the US currency will continue to strengthen.
On August 15, BCS Mir Investments stockbroker Dmitry Babin said that the ruble has weakened against the dollar and euro after the Russian Central Bank’s decision to raise the interest rate to 12% per annum. Expectations that the regulator will tighten currency control measures.
Previously recognizedHow the weakening of the ruble will affect the state of the economy.