The Bank of Russia announced on May 7 that the volume of incoming payments processed through its Payment System increased by 9.1% in April compared to the average level recorded in the first quarter of 2026. The central bank said this growth was mainly due to higher prices for Russian exports, especially energy.
The report noted that compared to the first quarter, higher payment volumes were observed across investment, intermediate, and external demand sectors. This trend highlights changes within key segments of the Russian economy as reflected by financial flows.
According to the official website, the Bank of Russia serves as the sole issuer of the Russian ruble and manages national cash circulation, with cash in circulation reaching 18.6 trillion rubles as part of its currency management. The institution operates as a legally independent entity with federal property and exercises monetary authority apart from other government bodies.
The Bank aims to promote financial and price stability while fostering a competitive financial market, according to its official website. Leadership includes a governor and deputy governors alongside specialized departments responsible for different aspects of policy implementation.
More detailed information can be found in the new issue of “Monitoring of Sectoral Financial Flows.” The Bank also publishes annual reports and financial analyses for public access on its official website.