Date: 9 months ago   Category: Finance

The Central Bank has reported about increase in demand of Russians for cash in July for 20% — Rambler News Service


Cumulative demand of citizens of Russia for cash has grown in July of the current year by 20% in comparison with June – to $5,1 billion, has reported "the Bulletin of the Bank of Russia". "In July, 2018 cumulative demand of the population for cash foreign currency (the sum of the cash foreign currency bought in authorized banks, received on conversion and withdrawn from currency accounts) in comparison with June has grown by 20% and was 5,1 billion US dollars in a dollar equivalent", - it is said in the statement. In the document it is specified that the volume of demand has decreased in comparison with July, 2017 by 6%, and in comparison with July, 2016 – for 3%. At the same time demand of Russians for US dollars has increased in comparison with June by 22%, and for euro – for 18%. As a result these indicators were $3,2 billion and $1,8 billion respectively. The share of the American currency in structure of cumulative demand in monthly expression has grown by 1 items – up to 63%, the share of euro has in turn decreased by 1 items – up to 35%. The volume of purchase of cash by Russians has increased by 32% in comparison with June, 2018 and was $3,1 billion. At the same time the volume of purchase of US dollars has grown by 41%, and euro – for 19%. The number of operations on purchase of cash in monthly expression has increased by 17% - to 2,2 million transactions. The average size of the transaction was $1,4 thousand that is 13% more, than in June of the current year.

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