CBR: Russians Buy 8% More Foreign Currency Bills in April

26 June 2019 (09:18)

UrBC, Moscow, June 26, 2019. The Russians’ demand for foreign currency bills rose by 8% in April 2019 compared with March 2019 and amounted to $4.8bn altogether, TASS refers to the Bank of Russia Bulletin as stating.

According to the CBR, the private customers’ demand for the U.S. dollars rose by 3% in April 2019 against March 2019 and amounted to $2.9bn all in all; the demand for Euro banknotes rose by 16% and amounted to the equivalent of $1.8bn.

The share of U.S. dollars in the overall amount of foreign cash Russians have been buying thus dropped by 3% (down to 60%) and the share of the Euro increased by 2% (up to 38%).

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