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Russia Earned $1.5billion From World Cup Fans

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Russia Earned $1.5billion From World Cup Fans

The Russian central Bank has announced that foreigners that were in the country spent over $1.5billion during the entire World Cup period.

An estimated 3 million foreigners visited the 11 host cities of the tournament this summer; Russian Prime Minister Dmitry Medvedev was cited as saying by the state-run TASS news agency on Monday.

Russia’s state-owned lender Sberbank estimated that it processed around $1.5 billion in payments from foreign bank cards during the tournament.

The amount spent by the nationals of 194 countries doubled from the same period in 2017, when Russia hosted the FIFA Confederations Cup, Sberbank’s analysis reportedly said.

According to the RBC business portal, foreign visitors spent the most on accommodation, dining out and flights.

 

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