Russians pull billions from banks fearing Kremlin will seize savings for war
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Russia's central bank reported that billions of roubles have been withdrawn from banks each month, as Russians pull out cash amid fears of the Kremlin seizing their savings to fund the war in Ukraine amid a deteriorating economy.
The significance of this report depends on the decisions, official reactions or confirmation that follow. The current assessment is initially based on reporting by Euronews.
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19.08.2026 12:10 — Euronews. Further confirmed developments will be added as they become available.
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