Russians US dollar stock foreign currency euro as the Russian foreign exchange transactions in September increased through 30% on a every year foundation, analysts at the Russian Standard Bank nation.
The look at tested transaction amounts, common tests, and the quantity of all foreign exchange transactions inside the bank from January to September 2021, and for the identical period in 2020.
“Statistics of foreign exchange persevered to develop inside the fall. Thus, the range of such transactions in September 2021 improved with the aid of 15% compared to August 2021. Compared to final year, in September 2021 this figure extended by using 30%.
Russians US dollar stock foreign currency euro
The common take a look at in September 2021 turned into seventy three,354 rubles (round $1,000) and accelerated by way of 19% in comparison to August 2021,” the bank’s facts shows.
According to the take a look at, Russians choose america dollar over the euro. The total variety of trade transactions with bucks from January to September 2021 changed into extra than twice the variety of transactions with euros.
Russians US dollar stock foreign currency euro
The analysts say forex charges will continue to rely upon the dynamics of oil fees and the state of affairs concerning the Covid-19 pandemic up to the stop of the year.
“Any forecast in itself is extremely risky due to the multitude of incoming unknowns. But it could be assumed that the ruble exchange rate through the quit of this yr, with a certain diploma of opportunity, will be within the range of 70-seventy four rubles consistent with dollar,” Maxim Timoshenko, the head of the financial institution’s monetary markets operations branch, said.
Russians US dollar stock foreign currency euro
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Second line of Nord Stream 2 pipeline will be packed with gas in December – Putin
Russia is ready to start imparting gas to Europe via the Nord Stream 2 pipeline as soon because it gets the proper permission from the German regulator, President Vladimir Putin stated.
Speaking on the Valdai Discussion Club on Thursday, he stated technical works on filling the second string of the pipeline with gasoline might be completed by using the middle or stop of December. “The first pipe of Nord Stream 2 has been already packed with gas. If tomorrow the German regulator offers permission for the deliver, then day after today the deliveries will begin, 17.Five billion cubic meters.”
In overall, the pipeline will be delivering fifty five billion cubic meters of natural gas annually, Putin stated. “Considering that the gasoline scarcity on the European market, in line with our calculations, will amount to 70 billion cubic meters, 55 billion cubic meters is a superb quantity,” he stated.
The Russian president also referred to that American and Middle Eastern organizations reduced fuel substances to Europe in 2021, while Russia’s Gazprom increased gasoline materials to non-Commonwealth of Independent State (CIS) international locations by means of 8.7%, or eleven billion cubic meters.
The Nord Stream 2 venture continues to be expecting EU clearance to start gasoline deliveries to Europe. It includes two pipelines designed to hold gasfrom the Siberian gas fields in Russia across the Baltic Sea to Germany. The project has hit severa roadblocks, inclusive of competition from some Eastern European nations and US sanctions.