The main bank of the Russian Federation acknowledged that rubles abroad needed no one

The central bank of the aggressor country noted that buyers of export goods, as a rule, buy Russian money for currency directly in Russia. The meaning of all these operations is that the payment itself is made in rubles and thus does not give a sanction risk. The use of a ruble in foreign trade calculations, which is so proud of the authorities of the Russian Federation, does not make sense but evasion of sanction risk. Outside the country, Russian money is practically not needed.

About it reports the edition of The Moscow Times with reference to the Central Bank of the Russian Federation. According to the Central Bank, the share of rubles in the payment of Russian exports increased from 10-15% before the war to 40%. In import, it has almost changed and has been about 30% (31. 4% in September) since the beginning of 2022.

According to the publication, the share of US dollars, euros and other currencies in the calculations is reduced in favor of ruble and yuan, "but there are no rubles abroad from it. " "The amount of funds of foreign banks in correspondent accounts and deposits in Russian credit organizations in rubles is quite stable during the last year and on October 1 was about 0. 5 trillion rubles," - said in the Central Bank of the Russian Federation.

The Director of the Department of Financial Stability of Elizabeth Danilova Central Library noted that the difference is that the share of banks from partner countries has increased to 75%. According to her, the turnover was not changed according to the corrections of the ruble of foreign banks: 8 trillion rubles. per month (the share of "friendly" countries has increased to 55%here).

The publication emphasizes that after receiving rubles for their products, foreign companies are deprived of them by buying currency in the same Russia. And those who need to pay Russian exports by rubles sell currency - and also in the territory of the Russian Federation. "Using a ruble in foreign trade calculations, in particular payments for imports, is accompanied by the fact that non-resident banks from partner countries are in high demand for currency in the Russian market.

Similarly, buying Russian export goods, usually buy rubles for currency directly in the Russian market" , - noted in the Central Bank of the Russian Federation. The meaning of all these operations, as emphasized in the Russian media, is only in the fact that the payment itself is made in rubles and thus does not make a sanction risk.

"Foreign companies that receive payments for supply to rubles, and non -residents who pay our exports in rubles, mainly sell and buy rubles in the Russian market," Danilova admits. Recall that analysts prophesy the ruble further fall. But the Russian government assures that there is nothing wrong with the national currency. Meanwhile, the Russian Federation examines the possibility of introducing the practice of two rubles, as in China - for internal and external use.