The demand for dollars and the Euro fell sharply

the Study, conducted by the financial University in early March, showed that 18% of the inhabitants of large and average cities of Russia with population more than 250 thousand people bought or were going to soon buy the currency.

Photo: iStock terms of complete recovery of the foreign exchange market

a Similar study conducted in the last week of March, showed that the proportion of those who in recent days has bought or intends to buy the currency, decreased to 10 percent,” say experts.

the Russians were less interested in the currency for several reasons. Among them is the lack of available funds, the absence or small size of savings that can be transferred into the currency established strong dollar renders meaningless the purchase of foreign currency, the uncertainty in the epidemic of the coronavirus.

the City, where in March was recorded highest demand for the currency is Kaliningrad, Saint-Petersburg, Moscow (with satellite cities), Krasnoyarsk, Novorossiysk, Petrozavodsk, Novosibirsk, Sochi, Krasnodar, Yaroslavl.