PRIME: Russian banks sharply inflated dollar and euro buying rates – Rosbalt

PRIME: Russian banks sharply inflated dollar and euro buying rates – Rosbalt

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

Against the backdrop of a sharp weakening of the ruble after the imposition of sanctions due to the military operation of the Russian Federation in Ukraine, Russian banks significantly raised the buying rates of the dollar and the euro.

So, in particular, VTB Bank, as of 15:40 on Sunday, offered the Russians to buy the dollar for 107.4 rubles, the euro for 118.55 rubles, it was possible to sell the American currency for 71.7 rubles, the European one for 80 4 rubles, according to PRIME.

In turn, Sberbank offers to buy the dollar at 99.49 rubles, the euro – at 110.49 rubles, you can sell them for 84.92 and 94.51 rubles. respectively.

In Alfa-Bank, Russians can buy a dollar for 99.4 rubles, sell – for 84.4 rubles; euro – for 110.55 rubles. and 94.55 rubles. respectively.

Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”

In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.

Sanctions, in particular, hit Russian banks, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank.

Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and gain access to their financial systems.

You can follow the chronicle of events around Ukraine on February 27 here.

Source: Rosbalt

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