In 2023, individuals bought currencies almost half as much as in 2022

In 2023, individuals bought currencies almost half as much as in 2022

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Individuals bought currencies on the Moscow Exchange in 2023 (MOEX: MOEX) by 0.5 trillion rubles. A year earlier, this figure amounted to 1.06 trillion rubles, according to the review of financial instruments of the Central Bank for 2023 (.pdf).

The site’s material notes that activity on the foreign exchange market in 2023 decreased to 16% (28% a year earlier). The number of individuals who entered into transactions on the market amounted to 285 thousand compared to 470 thousand a year earlier.

About 60% of the currency in the second half of 2022 – early 2023 was purchased by investors who have been registered on the exchange for more than a year. At the end of 2023, they accounted for about 80% of purchases.

About trading in Chinese currency – in the material “Kommersant” “A bright tomorrow has arrived for the yuan”.

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