OREANDA-NEWS  The share of "toxic" currencies in the Russian market in April decreased to 62.3%, according to the Bank of Russia's financial market risk review. This dynamic was due to a decrease in the share of transactions with euros from 23.5% to 17.8%.

At the same time, in April there was a slight weakening of the ruble (by 3.4%) against the background of a decrease in sales of foreign exchange earnings by the largest exporters (by 42% month-on-month, to $7 billion). As before, during periods of weakening of the ruble, citizens switched to cumulative net sales of foreign currency (7.5 billion rubles per month). At the same time, they continued to buy yuan (in total, they purchased 54.2 billion rubles worth of yuan, selling 61.7 billion rubles worth of "toxic" currency.

In March, the share of sales of foreign exchange earnings by the largest exporters amounted to 66%, which was due to the need to convert currency for tax payments (in February - 50%).