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Russians pull billions from banks fearing Kremlin will seize savings for war

Euronews · WorldNews · 2026-08-19

Russians pull billions from banks fearing Kremlin will seize savings for war

Russia's central bank reported that billions of roubles have been withdrawn from banks each month, as Russians pull out cash amid fears of the Kremlin seizing their savings to fund the war in Ukraine amid a deteriorating economy. Russians pull billions from banks fearing Kremlin will seize savings for war

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