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Banks take note of growing dirham demand among Russians

It is reported that dirhams are popular among tourists exchanging the currency in advance at a rate beneficial for them but no roaring demand is observed

MOSCOW, February 9. /TASS/. Russian banks take note of the demand for the UAE cash among their customers.

"We have launched the cash dirham purchase and sale service just recently but already see the growing demand of clients," the press service of Sberbank told TASS.

Dirhams enjoy the demand, said Sovcombank, which is selling dirhams from last September. "We saw the high demand for tourist purposes on the eve of holidays; the demand is growing at the same time for purposes of diversification of savings. Cash withdrawal restrictions stimulate citizens to form a portion of savings in cash currency," Managing Director of Sovcombank Philipp Agrachev said.

Dirhams are popular among tourists exchanging the currency in advance at a rate beneficial for them but no roaring demand is observed, press service of Otkritie Bank said.