10.03.2020, 13:12
Russian Banks Do not Note Increased Demand for Currency
Source: OREANDA-NEWS
OREANDA-NEWS. Russian banks don't observe an increased demand of the population for currency against the backdrop of a fall in the ruble. According to representatives of credit organizations interviewed by Russian media, the Russians chose not to take risks and observe the situation.
The weakening of the ruble was caused by a drop in oil prices due to the refusal to extend the OPEC+ deal. On March 9, the dollar on the international Forex market exceeded the mark of 75 rubles, while the euro rose above 85 rubles. The last time the dollar was above 75 rubles in March 2016, and the euro exceeded 85 rubles in February of the same year. But already on Tuesday, the Russian currency won back the fall: the dollar on the Forex market was trading below 74 rubles, and the euro below 84 rubles.
At the same time, a number of Moscow banks established a fairly wide spread. For example, one of the banks offers to buy a dollar for 62.4 rubles, and sell it for 82.3 rubles; Euros - for 75.5 and 95.5 rubles, respectively.
Sberbank announced that there was no increased demand for foreign currency among the Russians, while noting that the credit institution had an adequate supply of ruble and foreign currency liquidity to meet the needs of customers.
The weakening of the ruble was caused by a drop in oil prices due to the refusal to extend the OPEC+ deal. On March 9, the dollar on the international Forex market exceeded the mark of 75 rubles, while the euro rose above 85 rubles. The last time the dollar was above 75 rubles in March 2016, and the euro exceeded 85 rubles in February of the same year. But already on Tuesday, the Russian currency won back the fall: the dollar on the Forex market was trading below 74 rubles, and the euro below 84 rubles.
At the same time, a number of Moscow banks established a fairly wide spread. For example, one of the banks offers to buy a dollar for 62.4 rubles, and sell it for 82.3 rubles; Euros - for 75.5 and 95.5 rubles, respectively.
Sberbank announced that there was no increased demand for foreign currency among the Russians, while noting that the credit institution had an adequate supply of ruble and foreign currency liquidity to meet the needs of customers.
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