Isolated Russians Scramble For Hard Currency, Fear Worse Is Yet To Come
NDTV
Western sanctions over Russia's invasion of Ukraine threaten to decimate the economy, and have already sent the rouble plunging to record lows this week before a partial recovery.
Queues of people snaked through Moscow shopping malls on Tuesday as the scramble for hard currency continued, and Russians faced increasing isolation as sanctions made travel harder and sports teams were ejected from major competitions.
Western sanctions over Russia's invasion of Ukraine threaten to decimate the economy, and have already sent the rouble plunging to record lows this week before a partial recovery.
Wearing a light blue winter coat, Olga has spent the last two days searching for an ATM where she might be able to withdraw some of her savings in foreign currency.
Some Moscow residents waited for hours, only to find that automatic tellers were empty or carried just roubles.
