Finances

The Russian bank "Tinkoff" has limited cash withdrawals from its ATMs. 

Anti-Russian sanctions are likely to “wash out” foreign business if Russia provides the necessary economic growth under pressure, political analyst Sergei Markov told NEWS.ru.

On March 1 and 2, after raising deposit rates to 21%, Russians placed more than 1 trillion rubles in Sberbank.

Brokers on the instructions of the Central Bank from March 3 will charge a commission of up to 30% when individuals buy dollars, euros and pounds on the stock exchange.

Sberbank has decided to withdraw from the European market. This is stated in the message of the credit institution on March 2.

Billionaires Mikhail Fridman and Peter Aven "in the near future" will resign from the board of directors of Alfa-Bank because of the sanctions imposed against them.

The Mastercard international payment system has disconnected several Russian banks that have been sanctioned by the United States from their services.

On February 28, the Central Bank of Russia raised the key rate to 20%, after Western countries imposed sanctions against the regulator.

Since February 28, the Bank of Russia has temporarily banned brokers from selling securities on behalf of foreign clients.

On February 28, the Central Bank of Russia raised the key rate to 20%. The decision is explained by the external conditions for the Russian Federation, which have recently "changed dramatically".

The dollar rose by almost 35%, to 113.5 rubles, and the euro jumped by about 33% and reached 127 rubles in the Forex market.

The work of the services of the three largest Russian banks has been disrupted, this was reported by the Downdetector failure registration portal.

The French authorities decided to block all accounts of Russians against whom sanctions were imposed in the EU because of Ukraine.

The Russian ruble strengthened after the start of currency interventions by the Central Bank.