A vendor counts Russian rouble banknotes at a market in Saint Petersburg
Russians are hoarding more cash amid the war.
  • In June, the amount of cash in circulation in Russia hit a record $187 billion, per its central bank.
  • Russians are hoarding cold, hard cash amid economic uncertainty, an economist told Novaya Gazeta.
  • Compensation to families of dead fighters and increased demand in Russian-occupied Ukrainian regions also add to the cash in circulation.

Russians are keeping a record amount of cold, hard cash at hand amid the country's wartime economy.

In June, the amount of cash in circulation in Russia hit a record 17.9 trillion rubles, or $187 billion, data from the Russian central bank shows.