Domestic foreign exchange market in Russia becomes thinner


The latest data on the money supply recorded the continued degradation of foreign currency deposits in the banking system:

• Corporate deposits fell by $1.7bln mom and $25.2bn yoy to $112.2bln.

• Household deposits declined by $2.2bln mom and $23.7bn yoy to $46.6bln.

Since the end of 2021, foreign currency deposits have decreased...