MIL-OSI Russia: Financial news: Cash volume increased by almost 230 billion rubles in a year

Translartion. Region: Russians Fedetion –

Source: Central Bank of Russia –

The volume of cash in circulation as of January 1, 2025 increased by 1.2% and amounted to 18.7 trillion rubles – this is the minimum increase in the last 9 years. This is evidenced by Bank of Russia data.

In 2024, demand for cash was stable with minor seasonal fluctuations. In the first quarter, cash returned to banks amid high deposit rates. In April and December, traditional pre-holiday surges in demand for cash were noticeable.

The share of small denomination banknotes in the structure of cash money supply has increased. This is due to the fact that the Bank of Russia has resumed printing 5 and 10 ruble notes, and modernized 100-ruble notes have also begun to enter circulation.

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