The Central Bank of the Russian Federation announced that in August the currency was sold in the amount of 42.1 billion rubles

No time to read?
Get a summary

The Central Bank of Russia said that the Russians sold the money in August for a total of 42.1 billion rubles. This has been reported TASS.

Final net sales, according to the regulator, were due to the sale of “toxic” currency in the largest banks and amounted to 64.1 billion rubles.

It was recorded that the ratio of net foreign exchange sales of the largest exporters to foreign exchange revenues was 67 percent in July and 82 percent in June.

It was also known that the Central Bank of Russia. elongated restrictions on the withdrawal of foreign currency.

Ruble reported weakening in July caused To the fact that the Russians began to sell their money. In 2023, Russians began to get rid of the dollar and the euro much more often than last year. This situation was mainly affected by foreign policy and economic factors, as well as difficulties in the correct assessment of possible exchange rate risks.

Previously recognizedhow the weakening of the ruble will affect the state of the economy.

No time to read?
Get a summary
Previous Article

“I’ve never seen it this appetizing before.” Lisa Moryak – about motherhood, escort and working with her husband Actress Sailor admitted that it was difficult for her to shoot a movie a month after giving birth

Next Article

Analysts worsened the forecast for the ruble exchange rate for the next three years