Russians’ cash volume in circulation may show the weakest growth in the last nine years. This was reported by RBC He refers to his calculations on Central Bank data.
As of December 1 last year, citizens had 17.85 trillion rubles in their hands outside banks. In 11 months, the figure decreased by 474.7 billion rubles, while the cash volume increased by 591.6 billion rubles in December.
By the end of 2024, the volume of cash in circulation is expected to reach 18.44 trillion rubles, and this figure is expected to reach 116.9 billion rubles within the year. (0.6%).
The publication emphasizes that this is several times lower than the values ​​​​of previous years – in 2023, the cash volume increased by 1.97 trillion rubles.
As Egor Susin, general director of Gazprombank Private Banking, explains, the flow of money into non-cash form was facilitated mainly by the increase in the interest rate of the Central Bank.
At the Central Bank of Russia in December given We estimate that inflation in the country may reach its peak in April 2025.
Previously at the Central Bank appreciated Possibility of cash cancellation.
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Source: Gazeta
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