It is noted that in October the growth slowed down
MOSCOW, January 26. /TASS/. The volume of cash in circulation in Russia amounted to 16.4 trillion rubles ($237 bln) as of January 1, 2023, which is 2.3 trillion rubles ($33 bln) higher than in the previous year, according to information provided by the Central Bank on Thursday.
“Extraordinary demand for cash was registered during 2022 twice, first in February-March, though it did not last long, while the second wave was observed in September. However, in October the growth slowed down. Moreover, the traditional demand for cash before New Year holidays was registered in December,” the regulator said.
This article was originally published by TASS.