Share of "toxic" currencies in payments for Russian exports, imports falls to new lows of 13.1%, 14.6% in July - CBR
MOSCOW. Sept 16 (Interfax) - The share of payments made in the currencies of "unfriendly" countries for Russian visible and invisible exports fell to a new low of 13.1% in July 2025 from 14.6% in June, beating the previous record low of 14.4% set in April, Central Bank data on the currency breakdown of foreign trade settlements showed.
The share of ruble payments for exports rose to 55.1% in July from 52.9% in June (the record high was 56.2% in April), while the share of payments in the currencies of friendly countries shrank to 30.2% from 32.2%.
The share of payments in unfriendly countries' currencies for Russian exports of goods and services to Asian countries shrank to a new low of 11.1% in July from 12.2% a month earlier. The share of payments in rubles fell to 51.5% from 53.3%, while the share of payments in friendly countries' currencies grew to 37.4% from 34.5%.
The share of ruble payments for Russian exports to Africa grew to 94.9% in July from 85.4% in June, while the share of payments in "toxic" currencies shrank to 2.9% from 14.1%, but this was still short of the record high of 97.5% and repeat record low of 1.0%, respectively, set in April.
Payments for exports to Europe were 66.3% in rubles and 26.1% in unfriendly countries' currencies in July, compared to record highs and lows of 66.6% and 23.8% set in November 2024.
The share of payments in "toxic" currencies for Russian imports also fell to a new low of 14.6% in July from 14.9% in June and the previous record of 14.8% in May.
The share of payments in "toxic" currencies for imports from Asian countries remained low at 8.4% in July after falling to a record low 8.3% in June. The share of ruble payments grew to 50.3% from 48.2% in June, topping 50% for the second time after reaching a record 51.9% in April, while the share of friendly countries' currencies shrank to 41.2% from 43.5%.
The share of ruble payments for imports from African countries grew to a record high of 78.5% in July, while the share of "toxic" currencies fell to a new low of 10.2%.