RUSSIA: CURRENCY INFLOW 13-FOLD ABOVE OUTFLOW

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MOSCOW, August 10 (RIA Novosti) - Authorized banks brought to Russia an amount of foreign cash exceeding its outflow 12.8-fold, in the U.S. dollar equivalent, said the Central Bank as it offered figures for last June on its official website.

Cash inflow made $1,725.63 million, as against a $140.43 million outflow, with a $1,585.2 million surplus-a 58.6% increase as May's surplus made $999.43 million.

This year's foreign cash outflow exceeded the inflow in January and February alone-by $564.73 million and 459.25 million, respectively. April accounted for the greatest surplus, $1,596.85 million.

In June, the population exchanged rubles into foreign cash in authorized banks to a lump exceeding reverse exchanges by $1.2 billion. The difference was Russia's biggest-ever this year.

Private clients exchanged rubles into foreign cash to a grand total exceeding reverse transactions by $1,205.88 million-the biggest surplus since the year's start. Of all the past months, January and February alone saw foreign currency exchanges into rubles exceeding the reverse, by $781.75 million and $264.52 million, respectively.

June's exchanges and conversion made $1,612.4 million for foreign cash into rubles, with $2,818.28 million in reverse deals. Russian-based authorized banks thus gave out to the private clientele foreign cash to a lump sum exceeding the reverse 1.7-fold, in the ruble equivalent.

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