Demand on Foreign Assets is Falling, Bank Currency Accounts are Stable

Russian Economic Developments. Moscow, 2016, No. 5, pp. 20-21

2 Pages Posted: 19 May 2016

See all articles by Michael Khromov

Michael Khromov

Gaidar Institute for Economic Policy

Date Written: May 19, 2016

Abstract

2015 saw a noticeable reduction on the part of economic agents for assets in foreign currency. This signified a decrease in investments in foreign assets both for the population and for organizations (for individuals – savings in foreign exchange cash) with relatively stable (for organizations) and growing (for population) currency accounts in Russian banks.

Keywords: Russian economy, banking system, foreign assets

JEL Classification: E21, E41, E51, E58, G21

Suggested Citation

Khromov, Michael, Demand on Foreign Assets is Falling, Bank Currency Accounts are Stable (May 19, 2016). Russian Economic Developments. Moscow, 2016, No. 5, pp. 20-21, Available at SSRN: https://ssrn.com/abstract=2781859 or http://dx.doi.org/10.2139/ssrn.2781859

Michael Khromov (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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