Citizens of the Russian Federation rush to buy cash currency after sanctions against the Moscow Exchange.
After the American sanctions, the Moscow Exchange stopped trading in dollars and euros, and due to increased public demand, bank branches ran out of cash. Russian media reported this on Thursday, June 13.
“Since yesterday, everything (dollars – ed.) has been taken,” said a teller at a branch of the Moscow Avangard bank.
According to him, at 10 am there was only one old-style $100 bill in the cash register;
There was a similar situation at Alfa Bank: there were no dollars or euros available at the cash desk. The operator explained that all the money had been used up. Alfa Bank in the morning is ready to buy dollars at 87 rubles and sell them at 97 rubles.
There are no dollars or euros in 15 branches of Sberbank in different areas of Moscow. Cashiers attributed the absence to increased demand.
Let’s recall that on May 12, the Moscow Exchange, the National Clearing Center and the National Settlement Depository were included in the US sanctions letter. Following the United States, Great Britain introduced sanctions against the Moscow Exchange.
Today, Moscow Exchange shares opened up 15% amid the introduction of US sanctions.
Source: korrespondent
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