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Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms

Reports on social media claim that citizens in Russian have been spending their cash on luxury items, electronics, and other goods in a bid to dump the ruble before the markets reopen today. A Moscow Times journalist cla...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms
 
Reports on social media claim that citizens in Russian have been spending their cash on luxury items, electronics, and other goods in a bid to dump the ruble before the markets reopen today.
A Moscow Times journalist claimed that the “mood” was similar to 2014, when the Russian markets were last rocked by sanctions....
Read More: Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms

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