Ruble plummets as sanctions bite, sending Russians to banks
People stand in line to withdraw U.S. dollars and Euros from an ATM in St. Petersburg, Russia, Friday, Feb. 25, 2022. Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. (AP Photo/Dmitri Lovetsky)
By VLADIMIR ISACHENKOV, DAVID McHUGH and DARIA LITVINOVA
Associated Press
MOSCOW — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy depositors to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era....
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