Russians' deposits with foreign banks jumped to almost $82 bln in Jan-Nov

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, Feb 1 (Reuters) - Russians' deposits with non-resident banks increased around 2.5 times between January and November last year to almost 5 trillion roubles, around $82 billion according to the exchange rate at the time, the central bank said on Wednesday. The bank said this did not mean that foreign currency deposits were necessarily flowing from Russian banks to foreign ones, however, as some deposits were converted into roubles or used to buy real estate.
($1 = 70.1455 roubles) (Reporting by Elena Fabrichnaya; Writing by Alexander Marrow)

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