Putin makes drastic bid to steady economy and Fitch warns of risk to debt


Russia has suspended the sale of foreign currencies until September in a scramble to steady its economy, as rating agency Fitch indicated that a sovereign default is imminent.

Citizens will not be able to buy foreign currencies in local banks but they will, however, be able to change them into the local ruble unit.

Between March 9 and September 9 "the banks will not be able to sell foreign currencies to citizens," the Russian central bank said in a statement.

Cash withdrawals from foreign currency accounts at Russian banks will be limited to $10,000 until September 9.

Withdrawals on such accounts will only be permitted in dollars irrespective of the currency in which the account is denominated.

https://www.telegraph.co.uk/business/2022/03/08/russia-suspends-foreign-currency-sales-sovereign-default-imminent/

Poor poutin..


Russians go soon begin line up for bread...

Right now, you can not even buy guguru with poutin's worthless ruble...


Oponu fake superpower..

NGpatriot:




Poor poutin..


Russians go soon begin line up for bread...

By the time Putin is done with Russia, it's either they become a third class country or their citizens invade Kremlin and murder Putin like Libyans murdered Gaddafi.

Stevenson1:


By the time Putin is done with Russia, it's either they become a third class country or their citizens invade Kremlin and murder Putin like Libyans murdered Gaddafi.

Ooh no,why no,why.

Putin fans come and see another propaganda.

You guys talk too much but reason less.America no dey do gra gra like Putin/Russia.America na slow and steady but before u know them don chop u down from the root.

NGpatriot:
Right now, you can not even buy guguru with poutin's worthless ruble...


Oponu fake superpower..

Abeg u guys wee no keee pesin with laugh....

Let's see how far Putin can go with his selfish invasion of Ukraine