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Bank of Russia reports $9.3 bln losses in 2022 — regulator

The financial regulator is running at a loss for several years in succession

MOSCOW, March 29. /TASS/. Losses of the Bank of Russia surged by 27 times from 26.3 bln rubles ($339.9 mln) in 2021 to 721.7 bln rubles ($9.3 bln) in 2022, the regulator said in its annual report.

Assets of the Central Bank dropped from 52.4 trillion rubles ($677.5 bln) in 2021 to 47.2 trillion rubles ($610.4 bln) in the last year.

The financial regulator is running at a loss for several years in succession.