Sber says the foreign currency deposits of its biggest clients are down 94% Russia’s biggest bank has recorded a 17-fold decrease in foreign currency savings on the balance sheet of large businesses, according to Anatoly Popov, deputy chairman of Sber’s executive board, as cited by the Russian business daily RBK. The lender is widely seen as a proxy for the Russian economy. The volume of foreign-currency funds held by the bank’s largest corporate clients decreased by 94% in the first six months of the current year, Popov said. “We have made significant efforts to reduce the volume of foreign-exchange liabilities
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