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Russians worry for their savings as ruble slumps

When she saw the ruble go through the floor, Natalia Proshina made a beeline for the bank.
Like countless other Russians, she feared her savings would vanish overnight in an economic crisis precipitated by Western sanctions over the invasion of Ukraine.
The Russian currency on Monday plummeted to a historic low, falling to 100 against the US dollar and 109.4 against the euro.
The tanking ruble revived unpleasant memories of financial instability of the 1990s, when millions of Russians saw their savings evaporate under the effect of a devaluating currency and soaring inflation.
“As soon as I saw the ruble nosedive, I rushed to ....

Saint Petersburg , Sankt Peterburg , Edward Sysoyev , Alexander Zuyev , Alexei Vedev , Anton Zakharov , Svetlana Paramonova , Rustam Iakovlev , Natalia Proshina , Vladimir Putin , Sergei Khestanov , Gaidar Institute For Economic , Russian President Vladimir Putin , Gaidar Institute , The Taipei Times ,

Russians worry for their savings as ruble tanks

When she saw the ruble go through the floor, Natalia Proshina made a beeline for the bank. ....

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Russia: On second thought, let's not have a stock market today

Collapse. ....

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Russia reels from sanctions as Putin calls West 'empire of lies'

The ruble collapsed Monday, Russians sought to withdraw their savings and a prominent tycoon urged an end to "state capitalism" in Russia as the country reeled ....

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Russian Ruble Crashes Amid Western Sanctions Over Ukraine Assault

The ruble collapsed against the dollar and the euro on the Moscow Stock Exchange on Monday as the West punished Moscow with harsh new sanctions over the Kremlin's invasion of Ukraine. ....

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