As of the morning of March 8, not all exchangers have opened in the Russian Federation.

Due to sanctions, the ruble sank to a record low / photo REUTERS

In Russia, the value of the dollar on the cash market has risen to a record high since the beginning of the war against Ukraine and reached 190 rubles.

This is evidenced by monitoring data  banki.ru . 

At the same time, there is a shortage of currency, as of the morning of March 8, not all exchangers were opened in Russia, some of them are empty. Due to sanctions in the Russian Federation, there are now problems with buying the dollar.

Recall that one of the largest financial corporations in the world Morgan Stanley predicts the default of Russia . It is expected in mid-April, when the 30-day grace period for dollar bonds maturing in 2023 and 2043 ends. “We see a default as the most likely scenario. It is unlikely to look like a normal default, and Venezuela is perhaps the most appropriate comparison,” the report said. 

According to Morgan Stanley, there is uncertainty about whether US banks will be able to accept coupon payments from the Russian Treasury. 

(C)UNIAN 2022