transfers of individuals abroad in the first half of the year fell by half by the second half of 2022 – Kommersant

In the first half of 2023, transfers abroad were approximately halved compared to the second half of 2022. This year, their volumes do not change from month to month, said Elvira Nabiullina, Chairman of the Bank of Russia.

According to her, in 2022, the exchange rate strengthened for most of the year, despite the fact that the transfers of funds of individuals abroad were significant. “In the first half of this year, transfers were about half as compared to the second half of last year, and this year their volumes do not change from month to month,”— stated the head of the Central Bank.

At the end of November 2022, deposits of Russian households in foreign banks in foreign currency amounted to 4.989 trillion rubles. in ruble terms Forbes with reference to the data of the Central Bank. From May 2022 to May 2023, deposits of Russian citizens in foreign banks increased by 131%, to 5.8 trillion rubles, according to statistics from the Bank of Russia “News”.

In March 2023, restrictions on the transfer of currency abroad for Russians have been extended until 30 September.

Read about the statistics of transfers abroad in 2022 in the publication “Kommersant” “Money is being transferred from Russia”.

Maria Fedotova