Fate of dollar in Russia revealed ...News

Russia Today - Economy
Fate of dollar in Russia revealed
source : Russia Today ( News ) () 16
The Bank of Russia will extend restrictions on cash withdrawals of foreign currency, but says the dollar will continue to circulate The Central Bank of Russia plans to extend restrictions on cash withdrawals in US dollars and euros in September, Governor Elvira Nabiullina said at a press conference on Friday. She noted that the decision was prompted by EU and US sanctions banning the import of the banknotes of their respective currencies to Russia. “Unfortunately, we now have no reason to expect the situation with foreign currency to change for the better in the future… Therefore, in September we will be forced to

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