News about Bank of Russia: events, facts and developments on tafs uz.
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From October 26 to November 7, the Bank of Russia is holding the all-Russian 'Coin Week' campaign: the largest banks will open branches for free exchange of coins for banknotes. PSB, VTB, Gazprombank, Dom.RF, and Rosselkhozbank have announced their participation terms; Rosselkhozbank expects to collect at least 4.6 million coins worth 19.6 million rubles.
Otabek YusupovGarda Capital investment strategist Alexander Bakhtin suggested the dollar could fall to 80 rubles and the euro to 90 rubles before the New Year, provided progress in geopolitics continues and oil prices remain high. In late December, in his view, the ruble may weaken due to pre-holiday demand: the dollar to 83–84, the euro to 93–94 rubles.
Javlon TursunovInvestment adviser Yulia Kuznetsova linked the weakening of the dollar and euro against the ruble to high rates, tax-related currency sales by exporters, and expectations of an improvement in the geopolitical situation. She warned that ruble strengthening on news may prove unstable.
Sevara AzamovaAccording to a survey by inFO commissioned by the Bank of Russia, Russians' inflation expectations fell noticeably in October: annual inflation per the Central Bank's data declined from 15.1% to 14.5%. Expectations for a year ahead are 13.2%, for five years — 12.2%. Among those with savings, expectations fell to 11.6%, among those without — to 14.6%.
Javlon TursunovRussia's broad money base increased by 1.4812 trillion rubles, or 4.7%, in September 2026 to 32.9777 trillion rubles, according to the Bank of Russia. Since the start of the year it has grown 7.5%. The annual growth rate accelerated to 18.5% as of October 1. Cash in the money base rose 1.6% in September and 14.3% since January, with its annual growth reaching 20.9%, the highest since October 2023, while its share in the money base fell to 67.4%. Funds on credit institutions' correspondent accounts rose 38.2%, while their deposits with the Central Bank fell 13.2%.
Dilnoza Rahimova
