Banks told about the growing demand of Russians for foreign currency

Increased activity of Russians to buy and sell currency was observed on February 12 and 13. Citizens began to buy 1.5-2 times more in dollars and euros. There are no significant changes in dirhams, yuan and baht. This was told to "Izvestia" on February 14, the head of the Department of client operations in financial markets "Sovcombank" Philip Agrachev.

"Many banks do not know how to effectively manage balances, at the current level of rates it is an unacceptable luxury. They have to close their exchange points," the expert explained.

The press service of MTS Bank told Izvestia that on February 12 and 13, the bank kept currency spreads at the standard level, their change is not planned. In addition, there was a surge in demand for cash currency. In particular, the demand for the dollar exceeded the standard volumes for the last week more than twice.

With the new ruble: what awaits the Russian currency in the first quarter of 2025

If nothing extraordinary happens, the ruble will remain at the current levels in January - March

On February 12, BitRiver financial analyst Vladislav Antonov told Izvestia the reasons for the sharp decline in the dollar exchange rate on the Forex market. He noted that among the key factors, due to which the ruble is strengthening, is the improvement of the mechanisms of export companies' work, as foreign currency earnings are converted more efficiently.