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Russia's Central Bank: Budget Plan Cuts Demand Impulse vs July Forecast
InterfaxLO·RU·3 days ago
Bank of Russia data shows cash withdrawals fell sharply year-on-year in H1 2026, from 15.9B to 7.4B rubles. This suggests accelerating shift to digital payments or tighter cash availability, though underlying drivers are unclear. The trend signals changing financial behavior in Russia, with potential implications for monetary policy and banking sector liquidity.