This result was mainly due to net expenses on operations with securities, the regulator reported.
The Bank of Russia in 2022 received a loss of 721.7 billion rubles, which is 27 times higher than the loss in 2021 (26.3 billion rubles). This was reported by the Russian agency Interfax in connection with the regulator’s annual report.
It is reported that this result is mainly due to the net costs of operations with securities: the loss from the sale of shares of the bank FC Otkritie and from the contribution of shares of Moscow Industrial Bank (MINB) as a contribution to the property of the Deposit Insurance Agency (DIA) reached 382, 2 billion rubles (53% of the total loss of the Central Bank for 2022).
It was also noted that in 2022, net costs of 315 billion rubles were generated from the unrealized revaluation of the fair value of debt obligations of foreign issuers due to increased profitability and lower prices for them .
It was previously reported that Russia’s reserves for the year fell by $43 billion.
Remember, the President of the European Commission, Ursula von der Leyen, said that the tenth package of EU sanctions against Russia provides various restrictions against the aggressor country for a total of 10 billion euros.
What are the results of the policy of sanctions against Russia
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.