MOSCOW, April 22 (RIA Novosti) - The volume of ruble cash in circulation in Russia declined 16.3% to 3.7 trillion rubles ($107.54 billion) as of April 1, compared to 4.4 trillion rubles ($128.4 billion) as of January 1, the Bank of Russia said on Wednesday.
The decrease was caused by the population converting rubles to foreign currencies amid the ruble's devaluation.
The figure had increased 6% year-on-year in Russia in 2008.
