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In 2024, the income of the Russian population from funds on bank deposits will amount to about 4 trillion rubles (about 41 billion USD), interest on savings accounts - 2 trillion rubles. The total amount of income will be more than twice as high as in 2023. The main reasons are rising incomes and a significant increase in interest rates (15-20+%). As of October 1, 2024, according to the Bank of Russia, Russia's external debt amounted to $293.4B, having decreased by $24.5B (7.7%) since the beginning of 2024. It fell below $300B for the first time since 2006. The highest figure was in July 2014 - more than $732B. As of October 4, 2024, Russia's international reserves amounted to $629.9B. In Q1-Q3 2024, 1,154,778 new passenger cars were sold in Russia, 61% more than in Q1-Q3 2023 (717,615). Leaders: LADA (316k - 27.41%), Haval (136k - 11.81%), Chery (118k - 10.25%), Geely (112k - 9.77%), Changan (83k - 7.19%), OMODA (39k - 3.43%). In 2021, for comparison, 1.67 million were sold: LADA (351k), KIA (206k), Hyundai (167k), Renault (136k), Toyota (98k), Skoda (90k), VW (86k), Nissan (51k), BMW (47k), Mercedes-Benz (43k). As of September 1, 2024, according to the Ministry of Internal Affairs, the number of foreign citizens staying in Russia, information about whom was received by the state system of migration registration, was 6,174,777 people, about 4.2% of the population of Russia (146.2 million people in 2023). The number of illegal migrants in Russia is estimated at about 3-4 million. In 2023, 83.4% of all payments in retail in Russia were made in non-cash form, 7th place among G20 countries. Sweden (98%), China (96.3%), Australia (89%), the US (88%), Canada (86%), the UK and South Korea (85%), Brazil (78%), Saudi Arabia (70%), France and South Africa (65%), Germany and Turkey (62%), Argentina (55.1%), Indonesia (55%), Italy (51%), Japan (39.3%), Mexico (34%), India (32%). More notes from Russia »
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Joshua asks: What is silver worth in Russia?
Expert's answer:
As of November 2024, you can buy 1 gram of 99,90-99,99% silver for about 120+ Rubles (1.2 USD), here is an example. If we are talking about people in Russia handing over silver items for scrap, they will be accepted for a price approximately 2 times lower.

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Featured Russian city: Ulyanovsk

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