Russians dump US dollar savings in favor of euro & other foreign currencies ...News

Russia Today - Economy
Russians dump US dollar savings in favor of euro & other foreign currencies
source : Russia Today ( News ) () 4
The Central Bank of Russia purchased $196 million worth of foreign currency on the domestic market on Thursday amid a surge in currency sales among Russian citizens. The Central Bank reported that Russians have started to exchange currency more often in the first half of 2021. Volumes of foreign currencies exchanged in June soared by 29% compared to last year, the Izvestia TV channel reported, with the average check amounting to $1,000. Also on rt.com Russia’s sovereign wealth fund cuts US dollar reserves to ZERO Russians have been increasingly keen to g

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