His english X posts with this hashtag #EvgenIstrebin - note that he does these not so often anymore

#EvgenIstrebin 🇺🇦

The outflow of cash from 🇷🇺 Russian banks continues.

Today, it was announced that only 5 of 300 Russian banks have escaped the internet block.

#EvgenIstrebin 🇺🇦

🇷🇺 The construction industry in Russia has begun to collapse!

Rosstat data on cement production.
Year-on-year change rates
January: -32.6%
February: -26.7%
January-February: -29.2% y/y

1/3

#EvgenIstrebin 🇺🇦

The balances in 🇷🇺 Russian treasury accounts fell to a three-year low.

As of March 20, the balances stood at 4.441 trillion rubles, 1.1 trillion less than on the same date last year!

In real terms, inflation over the past three years has reached 30%.

#EvgenIstrebin 🇺🇦

As a result of all the events I described in previous posts, the dollar-to-ruble exchange rate rose to 87.

More than 10% in a week.

#EvgenIstrebin 🇺🇦

🇷🇺 Treasury account balances continue to fall. As of March 18, they had dropped to 4.756 trillion rubles.

This is 1.259 trillion rubles lower than on March 18 of last year!!!!!!!!

#EvgenIstrebin 🇺🇦

🇷🇺 Here are the data on cash outflow from banks.
In two days, 83 billion rubles were withdrawn, equivalent to 1 billion dollars.

Since the beginning of the year, cash outflow from banks has already reached 107 billion rubles.

#EvgenIstrebin 🇺🇦

🇷🇺 People are withdrawing cash from banks, and the Central Bank is injecting repo funds into them.

The volume of repo funds has risen to 4.2 trillion rubles.

#EvgenIstrebin 🇺🇦

🇷🇺 The Russian banking system is facing a severe shortage of 🇨🇳 Chinese yuan.

On Thursday, overnight yuan loan rates on the Moscow Exchange soared to 44% per annum.

#EvgenIstrebin 🇺🇦

🇮🇷 Iranian chat rooms are reporting that the warships that were destroyed yesterday in the port of Anzali, northern Iran, were transporting drones and components from 🇷🇺 Russia.

#EvgenIstrebin 🇺🇦

Cash outflow from 🇷🇺 Russian banks has begun to accelerate amid the rising exchange rate. Yesterday, the outflow was 50 billion rubles

In March, 270 bill rub (equivalent to $3.5 bill) were withdrawn

More news about the Russian economy on my Telegram channel t.me/istrebin

#EvgenIstrebin 🇺🇦

🇷🇺 Russian Treasury account balances have fallen to 2023 levels
Russian Treasury account balances as of March 17 fell to 4.961 tril rub
The last time they were at such a low level was in April 2023.

More news about the Russian economy on my Telegram channel t.me/istrebin

#EvgenIstrebin 🇺🇦

Sensation!

According to the EIA, oil production in 🇷🇺 Russia has fallen by 710,000 barrels per day.

#EvgenIstrebin 🇺🇦

Treasury account balances fell to 5.8 trillion rubles on March 11. This is 0.5 trillion rubles lower than on the same day last year.

They've been spending money briskly. I hope they break the two-year low for balances.

#EvgenIstrebin 🇺🇦

The volume of repo loans issued to 🇷🇺 Russian banks has risen again to 3.6 trillion rubles, while banking system liquidity has fallen.

Bad news for the Russian banking system.

#EvgenIstrebin 🇺🇦

Cash withdrawals resumed from 🇷🇺 Russian banks in February and early March.

#EvgenIstrebin 🇺🇦

The National Welfare Fund lost $3.3 billion in February. Its liquid assets now stand at $51.8 billion, or 4.004 trillion rubles.

In February, the following was withdrawn from the liquid assets:
- 13 billion yuan
- 8 tons of gold.

#EvgenIstrebin 🇺🇦

Today, the Ministry of Finance sold OFZs worth 141.4 billion rubles, with an average yield of 14.8%

Since the beginning of the year, the volume of OFZs in circulation has grown by 1.088 trillion rubles.

#EvgenIstrebin 🇺🇦 on Telegram

🇮🇱 Israeli journalist Amit Segal claims that the strike on Khamenei's residence was carried out by Israel, not the 🇺🇸 US.

According to reports, thirty bombs were dropped on the target.

1/2

#EvgenIstrebin 🇺🇦

Feb 24 (Reuters)

🇷🇺 Ru oil pipeline monopoly Transneft has cut crude intake into its system by some 250,000 barrels per day after a 🇺🇦 Ukrainian drone attack on a key pumping station serving major oil hubs and ports on Monday, two sources familiar with the situation said on Tuesday.

#EvgenIstrebin 🇺🇦

Together with Denis Kazansky, we recorded an interview about the state of the 🇷🇺 Russian economy.

www.youtube.com/watch?v=-1LZ...

#EvgenIstrebin 🇺🇦 (yday)

In 🇷🇺 Russia, production drilling has fallen to a four-year low since June
2022 - 28,385 km (+8.6%)
2023 - 30,177 km (+6.3%)
2024 - 30,173 km (-0.1%)
2025 - 29,143 km (-3.7%)

August: -11.1% y/y
September: -9.8% y/y
October: -5.5% y/y
November: -10.1% y/y
December: -16.2% y/y

#EvgenIstrebin 🇺🇦

According to Reuters, India has cut its oil purchases from Russia to their lowest level since October 2022.
Moscow's share in January was 21.3%, while purchases from the Middle East increased.

www.reuters.com/business/ene...

#EvgenIstrebin 🇺🇦

Production drilling in Russia plummeted toward the end of the year.

In December, the decline was -16% y/y.
Year-over-year, the decline was -3.4% y/y.

Source: Bloomberg

www.bloomberg.com/news/article...

#EvgenIstrebin 🇺🇦 (10h ago)

Amid a record budget deficit since the beginning of the year, the Russian Ministry of Finance has sharply increased the volume of bond issuances.

Today, bonds worth 327.5 billion rubles were sold.

OFZ volume since the beginning of the year is +767 billion rubles

#EvgenIstrebin 🇺🇦 (10h ago)

The balances in Russian treasury accounts have begun to fall. The paradox is that the banking sector's liquidity surplus is not growing.

#EvgenIstrebin 🇺🇦 (10h ago)

Here's another interesting chart.

Repo volumes remain high.

At the same time, the banking system's liquidity is in deficit, which hasn't been the case in previous years.

Liquidity is being drained.

#EvgenIstrebin 🇺🇦 (10h ago)

Since the beginning of February, the trend of cash withdrawals from Russian bank accounts has resumed.

This has reversed a long-standing seasonal trend. For the past two years, banks have received cash in January-April. Now, this trend has reversed.

#EvgenIstrebin 🇺🇦 (11h ago)

The Russian Ministry of Finance hasn't sold foreign currency from the National Welfare Fund for two days.

This is likely due to the strong strengthening of the ruble.

This is primarily foreign currency withdrawn from the NW in accordance with the budget rule

#EvgenIstrebin 🇺🇦

This slowdown in purchases is triggering a negative chain reaction across 🇷🇺 Russia’s oil logistics.
Russia’s oil production could fall by up to 300,000 bpd between March and May as a result of these logistical bottlenecks, according to Jorge Leon, head of analysis at Rystad Energy