Cash circulation increased by 2.3 trillion rubles in Russia over the year
According to the Department of Cash Circulation of the Bank of Russia, the cash in the hands of citizens as of January 1 amounted to 16.4 trillion rubles - 2.3 trillion rubles more than a year earlier.
A surge in demand for cash was observed twice during 2022. The first time - in late February - early March, the second - in September. In October, the cash requests began to decline. Demand for cash also increased in December, traditionally before the New Year.
As for the structure of cash, the share of 5,000-ruble banknotes in the total number of banknotes increased (from 33% to 37%), while the share of 1,000-ruble banknotes (from 22 to 20%) and 100-ruble banknotes (from 17 to 16%) decreased.
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