The dollar has soared to 100 rubles — the currency has momentarily broken through the psychological mark on Forex. Since the beginning of September, the ruble has already lost 10%.

We are waiting for the New Year with fear.

#Russia #рубль #Russian

In the first nine months of 2024, 470 issues of digital financial assets with a total volume of about 316 billion rubles took place. This was reported by RBC with reference to a report by the Expert RA rating agency.

According to analysts, more than 98% of the CFA issues were simple cash claims, with maturity periods halving from the previous year to an average of 123 days.

Commercial banks will need investments of between 120 million and more than 200 million rubles to connect to the national digital currency platform. This was stated by experts interviewed by Kommersant.

This includes “costs for infrastructure, information security, application software and integration work with existing intra-bank systems, and as the number of connected clients and the number of transactions increases, additional investments will be required in infrastructure development and the purchase of licenses.”