29 Nov 2024 16:43

Share of Russian exporters' revenue in rubles, 'friendly' currencies exceeds 80% - Central Bank deputy governor

MOSCOW. Nov 29 (Interfax) - The share of Russian exporters' revenue in rubles and so-called friendly currencies exceeds 80%, Central Bank of Russia Deputy Governor Philipp Gabunia said on Friday at a press conference.

"Revenue in rubles and 'friendly' currencies exceeds 80%," Gabunia said.

The Central Bank previously reported that the share of so-called toxic currencies, namely the dollar and the euro, in the revenue of the largest Russian exporters had dropped to 17% in September 2023, with the share of the remaining revenue being in the ruble and "friendly" currencies, primarily the yuan.