❗️The reason for the collapse of the ruble has been found, the State Duma stated that it was migrantsMillions of migrants in Russia withdraw their earnings from the economy, sending them to their homeland, the Committee on Regional Policy said.
The deputy reported that
Half of Tajikistan's GDP consists of remittances from Russia (in 2023 – $5.7 billion), Kyrgyzstan – by a third, Uzbekistan – by 12-15%.
Migrants and their diasporas in Russia buy tens of billions of dollars from our banks every year, artificially stimulating the demand for currency and the growth of the exchange rate.
At the same time, almost all so-called “friendly” CIS countries have imposed sanctions against Russian banks and MIR cards, and ruble transfers to these countries from Russia are difficult.
Therefore, migrants buy currency in cash and take it out of the country, which leads to an artificial increase in the exchange rate from multi-billion-dollar purchases of dollars by millions of migrants.
