The Kremlin has finally revealed the truth. Russian banks have lost so much of their aggression

As stated on Friday, Maksym Lubomudrow, head of the supervision department at the Bank of Russia, losses already amount to 1.5 trillion rubles. That’s the equivalent of $ 25.5 billion.

However, the Kremlin enchants reality. The bank’s representative quickly added that this is an “acceptable” level of losses and that the government has plans to support Russian lenders during the crisis.

The losses of the banks are the result of the crisis caused in Russia by the sanctions imposed by Western countries.

However, official statistics show that inflation in Russia in August slowed to 14.3%. with 15.1 percent in July and 15.9 percent. in June and 17.1 percent. in May and 18 percent. in April.

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