Russians� Cash Savings Reach All-Time Low � VTB

INSUBCONTINENT EXCLUSIVE:
record-setting 21% interest rate, which the lender raised to fight inflation amid growing wartime spending.Besides 15.9 trillion rubles in
cash, Russians also hold the equivalent of $94 billion in foreign currency
costs
The lender expects Russians' foreign currency portfolio to decrease by up to $3.5 billion this year, compared to a decrease of $500 million
last year.