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Friday, 22 November
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Sanctions in action: long lines for foreign currency in Russia. Video

After the U.S. announced the expansion of the sanctions list against Russia, recalling in particular the Moscow Exchange, Russians started to lose their currency savings quickly. Long lines have appeared at the banks of the Russian Federation.

The corresponding video was published in local Russian Telegram channels.

It is noted that such lines at the banks were noticed on June 12 in St. Petersburg. The increased rush for currency appeared after the news about the new sanctions package from the United States.

As you know, the U.S. government announced the introduction of one of the largest recent expansions of the sanctions list. Financial, industrial and defense organizations came under restrictions, as well as more individuals and entities in Russia and countries that support it were added to the list. In addition, the Moscow Exchange, the National Clearing Center and the National Settlement Depository were blacklisted.

As a result of the announcement of the updated list of sanctions, the Moscow Exchange reported the suspension of trading in currencies, in particular dollars and euros - then indicated that restrictions on currency trading will begin on Thursday, June 13.

It is likely that in this connection Russians decided to actively get rid of currency savings, lining up in banks.

Earlier we wrote that the US and the EU imposed sanctions against Iran for its aid to Russia.