Russian exporters in September increased foreign exchange sales by 4.9 billion dollars compared to August - to 23.7 billion dollars. The bulk of this increase was absorbed by the demand of non-financial companies, which increased purchases to $17.3 billion. At the same time, the major exporters, whose activities are separately supervised by the Bank of Russia, reduced sales to $2.1 billion. That's the lowest since 2022, though overall sales rose. This means that the increase was provided by other market participants. The gap between the dynamics of the major players and the overall data makes the evaluation of the forex market based on one indicator misleading. In October, analysts expect an increase in the supply of coins due to the quarterly tax payments. Their total volume can reach a trillion rubles, and exporters may need additional rubles to pay the budget. But the influence of this factor also depends on counter demand: September has already demonstrated how active purchases of companies can absorb a significant part of foreign exchange sales. Ξeconomy.