Demand for cash in Russia returned to March levels amid announcement of mobilization
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The Central Bank recorded an increase in the volume of cash in circulation on September 22. Cash turnover increased by 132.1 billion rubles, the last time this figure exceeded this value on March 4. This was reported RBC with reference to the statistics of the Central Bank.
On September 22, the turnover of cash in circulation increased by 132.1 billion rubles. for the first time since March 4th. Then in a day this figure increased by 151.5 billion rubles.
Experts interviewed by RBC believe that the demand for cash increased after the announcement of partial mobilization in Russia. On September 21, the day the decree on partial mobilization was issued, the demand for cash was relatively low and amounted to 14.2 billion rubles. The next day, he jumped more than nine times.
As RBC notes, while the current growth of cash lags behind the peak values of February, when the Russians began to withdraw cash en masse after the start of the military operation. The outflow stopped after a sharp increase in the key rate to 20%.
On September 21, partial mobilization was announced in Russia. According to Defense Minister Sergei Shoigu, the authorities plan to call up 300,000 people to take part in hostilities in Ukraine. Citizens from the reserve with the necessary military specialties and combat experience are subject to mobilization – primarily soldiers, foremen and warrant officers up to 35 years old and junior officers up to 50 years old. September 23 Ministry of Defense reportedthat employees with higher education who work in backbone enterprises in the banking and IT sectors, mobile operators and in journalism will not fall under the mobilization call.
About what happens on the 212th day after the entry of Russian troops into Ukraine – in online broadcasts “b”.
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