Central Bank of Russia issues 2026–2030 cash circulation guidelines prioritising bank-vault reserves and domestic technology

The Central Bank of Russia has published Guidelines for Cash Circulation Development for 2026–2030, setting out how it plans to maintain the availability of cash for individuals and businesses despite the growing range of payment instruments. Key priorities for the next five years include expanding the practice of placing the Central Bank of Russia’s cash reserves in bank vaults, maintaining the high quality of banknotes in circulation, transitioning to domestic equipment and technological solutions, and automating customer service operations. The document is described as consistent with previously approved policy documents and was developed taking into account proposals from market participants including credit institutions, cash-in-transit service providers, associations, trade and service companies, and equipment manufacturers and suppliers.