Part of the currencies of “unfriendly countries” dropped to 4.6%, and the “friendly” – for the first time in two years fell below 30%.
Part of the ruble in payment of Russian exports in June reached a record of 55.5%, the central bank of the Russian Federation said. In the first time, according to quarter results, the ruble component in the export calculations exceeds half and costs 53.3%. About this writes Moscow Times on Friday, August 15.
Adding approximately 40% has emerged due to the need to miss the penalties. Calculations have become more complex, the United States threatens the second penalty on banks in countries that help Russia on this, and the transfer to the national currency is a necessary proposal. These calculations are less noticeable for western regulators.
It has been noted that in order to deliver trade to the Russian foreign, it is necessary to develop a separate infrastructure, in fact, an alternative system of international calculations. It works on two similar contours: rubles are listed within the banks of Russia, and in foreigners – yuan or other currencies. Where it succeeded, these flows were closed: the rubles received from Russian importers would pay for Russian exports.
According to the Central Bank of Russia, in June, exports cost $ 32.8 billion, in the second quarter $ 100 billion, and half a year 196.1 billion dollars. Part of the ruble in the calculations in the first quarter was 46.5%.
Thus, approximately 40% of the shadow repairs to rubles for Russian goods and services can reach nearly 13 billion dollars a month, $ 40 billion for the II quarter, and a third of these payments in the first quarter is $ 31 billion. In total, $ 71 billion was released in six months.
The main component of the calculations is now carried out in the rubles in the “internal circuit” and the money on the “external”. Part of the ruble increased mainly by reducing the part of the currencies of “friendly” countries: in June, for the first time in two years, he sank below 30% (29.9%). Before the war, it was about 2%. The currencies of the “unfriendly” countries cost 14.6%.
In calculations for imports, the Ruble component has been more than half since December 2024, in the II quarter cost a record of 54.6%. Raiffeisenbank analysts call it an important reason for reducing demand for money.
Keep in mind that in June Russia’s exporting was reduced by the fifth month. The reason is a reduction in oil prices, which negatively affects trade.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.