Figure of the day: Russians already hold more currency in foreign banks than in Russian ones

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Figure of the day: Russians already hold more currency in foreign banks than in Russian ones
Figure of the day: Russians already hold more currency in foreign banks than in Russian ones
11 November, 16:15Photo: Соцсети
For the first time in the history of modern Russia, more Russians have accumulated on foreign accounts than on Russian ones: $63 billion against $61 billion.

Despite sanctions, counter-sanctions and other bans, Russians continue to believe in the usual Western currency - dollars and euros. Moreover, they are trying with all their might to save her and take her to a safe place.

According to the Central Bank, our fellow citizens have already withdrawn more currency from the country than they left. Foreign currency deposits of individuals decreased over the year by $31.9 billion, or 34%. At the same time, foreign currency deposits of Russians in foreign banks increased by 118% over the year, by $34.1.

Another case confirming this trend occurred earlier this week at Sheremetyevo International Airport, where a passenger tried to illegally take $65,000 to Istanbul, and he assured the customs officers that he was carrying only the allowed $10,000 - this is exactly the amount that could previously be officially exported from countries without declaration. The man had a whole set of currencies with him: dollars, euros, rubles and even hryvnias. All the money was seized, a criminal case was initiated against him under the article on the illegal export of currency, but 10 thousand dollars of the total amount was returned to him against receipt.

Recall that in March of this year, a temporary ban was introduced on the export of cash over $10 million - the amount could not be taken out at all, even with a declaration. However, in mid-October, this ban was lifted, but not quite - now the export of more than 10 thousand dollars requires permission from the Central Bank. How this works in practice is difficult to understand. But one way or another, the amount still needs to be declared, which the passenger from Sheremetyevo was not going to do.

Of course, the attacker intended to replenish his foreign bank account with this currency. In total, Russian citizens already hold $63 billion in foreign banks, and $61 billion in Russian banks. This is the first time in the history of the Russian Federation that this has happened.

There is nothing to be surprised here - the Central Bank has been recording a record outflow of currency since February. It's just that now it has become noticeable not only how money is flowing out of the country, but also where it is deposited. Countries where Russians began to move en masse sharply raised their GDP growth forecasts. Profitable from the Russians refugees. With money, summarizes the channel "Nebrekhnya".

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