So a stall tactic to slow down bank runs?
this post was submitted on 31 Dec 2025
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Pretty much
This is a policy of a totally stable economy. /s
They did this at the start of the war, as well. It was to help keep the ruble somewhat stable, to prevent bank runs - and to minimize resources available to people who who might be tempted to leave Russia.
Since then the ruble has become basically worthless (the ruble economy is so small Nabula/central bank can prop it up) because nobody uses it anymore except russia.
So quite a different situation IMO. Makes me remember a russian friand back in the day, her parents used all their saved money to send her "abroad" (to france) some year before russia just confiscated all wealth over some, IIRC, 20.000 rubles(?). So she got lucky.
This smells of authorianism going bankrupty. Or so I hope!
ruSS banking crash. 2026, so far so good🤞.
Well, when it becomes public that you've sold off something like half your gold reserves, it doesn't exactly install confidence in the economy. 100% preventing bank runs.
Bad ~~day~~ ~~week~~ ~~month~~ ~~year~~ ~~decade~~ ~~century~~ millenium to be a Russian.
What’s a large ATM withdrawal though?
Here in UK, depending on bank, it’s £250/300 per transaction and a max of £1000 per day.
Limiting that would piss people off, but they’d just go back the next day for more.
This is like trying to save a relationship by only letting your partner carry out their stuff from your shared home one box at a time per day. It will not save the relationship....