The Central Bank of Russia reported that the cash in the hands of Russians has decreased

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The volume of cash in circulation in the Russian Federation in November decreased by 318.2 billion rubles. – This is the maximum decrease since May last year. This follows from the analyzed Bank of Russia data. RIA News.

Cash availability decreased for the third consecutive month, the agency says. In October, the decrease reached 150.7 billion rubles, and in September it reached 21.6 billion rubles.

Before that, a decrease in cash occurred in January 2023: the volume of funds “under the pillow” decreased by 214.5 billion rubles, but this dynamic is typical for the beginning of the year.

But the last time the Central Bank of the Russian Federation recorded an “off-season” decrease in cash in circulation, not related to the January holidays, was in March-May last year, when individuals actively replenished bank deposits with an increase. At the key rate of the Bank of Russia.

In general, the volume of cash in circulation in the Russian Federation in 2022 increased by 2.24 trillion rubles.

It was previously reported that the volume of cash in circulation will increase in October 2023. fallen 150.7 billion rubles.

Previously owned by VTB Bank Russians sent 41.4 trillion rubles in deposits and bank accounts.

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