Financial intermediation

If the Europeans refuse to pay for Russian gas in rubles, they will stop receiving "free" fuel, and Europe will not be able to find other suppliers that could replace Russia.

The creation of a new global currency that is not tied to the country's economy is a utopia, said Mikhail Belyaev, candidate of economic sciences, financial analyst.

The US Department of the Treasury monitors the transactions of businessmen and companies from Russia in order to prevent possible circumvention of anti-Russian sanctions.

British Prime Minister Boris Johnson is confident that Western countries should increase economic pressure against Russia.

The government has proposed fixing the exchange rate in the period before the sanctions to pay import customs duties.

You can buy cryptocurrency through an intermediary, while it is not legalized in Russia.

The Bank of Russia has suspended the purchase of gold from credit institutions.

The State Duma proposed to create a register of commercial structures that left the Russian market or suspended work on it for political reasons.

On March 10, the American fast transfer system Western Union announced the suspension of its work in Russia and Belarus.

The Bank of Russia introduces a temporary procedure for operations with cash currency, according to the website of the regulator.

The press service of VTB in the official Telegram channel reported that previously issued plastic cards of the bank, including Visa and Mastercard payment systems, will be valid indefinitely.

The Russian bank "Tinkoff" has limited cash withdrawals from its ATMs. 

Anti-Russian sanctions are likely to “wash out” foreign business if Russia provides the necessary economic growth under pressure, political analyst Sergei Markov told NEWS.ru.

Sberbank has decided to withdraw from the European market. This is stated in the message of the credit institution on March 2.

Sberbank said that the information about the inclusion of the credit institution in the sanctions list of the United States and the introduction of restrictions on foreign exchange transactions is not true.