{"id":780536,"date":"2026-09-24T01:26:17","date_gmt":"2026-09-24T01:26:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/780536\/"},"modified":"2026-09-24T01:26:17","modified_gmt":"2026-09-24T01:26:17","slug":"russia-has-2-5-trillion-rubles-more-cash-in-circulation-than-at-the-start-of-the-year-the-central-bank-wants-lenders-scrutinizing-where-it-comes-from","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/780536\/","title":{"rendered":"Russia has 2.5 trillion rubles more cash in\u00a0circulation than at\u00a0the start of\u00a0the year. The central bank wants lenders scrutinizing where it\u00a0comes from."},"content":{"rendered":"<p class=\"SimpleBlock-module_p__7aRnT \">The Bank of\u00a0Russia will issue new recommendations asking banks to\u00a0look more closely at\u00a0where their clients\u2019 cash comes from, said Bogdan Shablya, head of\u00a0the central bank\u2019s Financial Monitoring and Foreign Exchange Control Service.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT \">Shablya said the recommendations would cover organizations and individuals. The central bank has \u201cnever opposed cash itself,\u201d he\u00a0said, but opposes \u201conly the circulation of\u00a0cash whose origin is\u00a0unknown, which is\u00a0why we\u00a0provide banks with guidance and recommendations.\u201d<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT \">Shablya said the recommendations would revise the typologies of\u00a0suspicious transactions.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT \">\u201cThe recommendations will cover everyone. Everything will be\u00a0in\u00a0there: individuals, organizations, deposits into accounts, and steps to\u00a0take during currency conversions. So\u00a0it\u00a0will be\u00a0comprehensive. We\u00a0plan to\u00a0publish the document soon,\u201d he\u00a0said.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT \">The official said cash of\u00a0\u201cunknown origin\u201d comes from \u201cwholesale and retail markets\u201d \u2014 primarily \u201cillegal cryptocurrency exchanges in\u00a0Moscow.\u201d<\/p>\n<p class=\"SimpleBlock-module_context_p__Mdu1R \">Russia has seen a\u00a0steady shift toward cash since March 2026, according to\u00a0RBC. Central bank figures show that cash in\u00a0circulation has increased by\u00a02.5 trillion rubles since the start of\u00a0the year. The move away from banks and toward cash is\u00a0linked to\u00a0businesses\u2019 demand for cash, partly as\u00a0they adapt to\u00a0tax changes in\u00a02026.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT  SimpleBlock-module_center__D1CsV\">At\u00a0Meduza, we\u00a0are committed to\u00a0transparency about our use of\u00a0artificial intelligence in\u00a0the newsroom. The story you\u2019re reading was written by\u00a0one of\u00a0our living, breathing journalists and translated from Russian using an\u00a0AI\u00a0model configured to\u00a0follow our strict editorial standards. This translation process is\u00a0the result of\u00a0extensive testing and refinements to\u00a0ensure our English-language coverage is\u00a0timely and accurate. A\u00a0Meduza editor reviews every draft before publication.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT  SimpleBlock-module_center__D1CsV\">If\u00a0you find any errors in\u00a0this translation, please contact us\u00a0at\u00a0<a href=\"http:\/\/meduza.io\/cdn-cgi\/l\/email-protection#80f2e5f0eff2f4f3c0ede5e4f5fae1aee9ef\" rel=\"noopener nofollow\" target=\"_blank\">[email\u00a0protected]<\/a>.<\/p>\n<p class=\"SimpleBlock-module_p__7aRnT  SimpleBlock-module_center__D1CsV\">To\u00a0read Meduza\u2019s exclusive content in\u00a0English, please <a href=\"https:\/\/meduza.io\/en\/pages\/newsletter\" rel=\"noopener nofollow\" target=\"_blank\">subscribe to\u00a0our newsletter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The Bank of\u00a0Russia will issue new recommendations asking banks to\u00a0look more closely at\u00a0where their clients\u2019 cash comes from,&hellip;\n","protected":false},"author":2,"featured_media":780537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55,4732,4727,4730,4719,4712,4724,4714,4725,4731,4720,4708,4715,4709,4717,4718,4710,4713,4711,4729,4723,4716,4728,4726,4722,4721],"class_list":["post-780536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-4732","tag-4727","tag-4730","tag-4719","tag-4712","tag-4724","tag-4714","tag-4725","tag-4731","tag-4720","tag-4708","tag-4715","tag-4709","tag-4717","tag-4718","tag-4710","tag-4713","tag-4711","tag-4729","tag-4723","tag-4716","tag-4728","tag-4726","tag-4722","tag-4721"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/780536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=780536"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/780536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/780537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=780536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=780536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=780536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}