Russia: liquidity deficits until the end of 2016

Russia: liquidity deficits until the end of 2016

Russia 's central bank said on Wednesday, said he still expects a deficit ofstructural liquidity in the banking system until the end of the year, adding that the shift to a surplus could happen by early next year. The bank said in aperiodic report on liquidity and the banking sector that "there was a structural deficit in liquidity reached one trillion rubles ($ 15.4 billion) at the end of July. "He added that the banks that serve exporters sold in July , the biggest monthly amount of foreign currency in the domestic market, over the past twelve months.
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