There were reports (hard to verify obviously) over the weekend that places like jewelry stores were busy as people were trying to change their rubles to a hard asset.
Do people who live in Russia keep a lot of money in a bank and/or as rubles, or do they keep it in something like USD/EURO and convert as needed? This drop is obviously extreme, but it's not like the Russian economy was great before.
Do people who live in Russia keep a lot of money in a bank and/or as rubles, or do they keep it in something like USD/EURO and convert as needed? This drop is obviously extreme, but it's not like the Russian economy was great before.