“There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” crypto cryptocurrency bitcoin $BTC
A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.”record low
We will paralyze the assets of Russia’s central bank. This will freeze its transactions. And it will make it impossible for the central bank to liquidate its assets. “The military conflict will last longer than Putin expected and the reaction of the West and the global community might be more harmful than he expected too,” Alexandre Moutin, head of investments at SMBC Private Wealth, was quoted by BBC News as saying. He added:Russia’s central bank, the Bank of Russia, had to increase the amount of money it supplies to ATMs Friday after the demand for cash reached the highest level since March 2020.sharedThere are about 70 people in line.
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