Bank of Russia says customers with foreign currency accounts are limited to withdrawing a maximum of USD 10,000. This will be in place until September 9.
- for withdrawals of amounts greater than this the balance must be taken in rouble
- regardless of what currency clients hold in their accounts the withdrawal will be paid in USD
- banks will not be permitted to sell foreign currency to citizens until this temporary order expires.
Y'all remember when tyranny was being asked to wear a mask at the supermarket? Good times.
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ps. Rouble notes are handly as kindling.
Elvira Nabiullina is Governor of the Central Bank of Russia:
