Russians withdrew over $1 billion worth of rubles from domestic banks during the Wagner revolt, its country's central bank said.
Whereas 500 billion rubles moved out of banks throughout June, a fifth of that was pulled from June 23-25.
Though the act ended after a day, the political uncertainty it set off prompted fearful Russians to withdraw $1.1 billion worth of rubles.
According to the Russian central bank, that's the highest cash demanded since late 2022, when Russia introduced a military mobilization decree.
Speaking on Thursday at a St. Petersburg conference, Bank of Russia Governor Elvira Nabiullina indicated no plans to step in and support the ruble's exchange rate.
Persons:
Wagner, That's, Yevgeny Prigozhin, Elvira Nabiullina
Organizations:
Service, Bank of Russia
Locations:
Wall, Silicon, Moscow, Russian, Russia, St, Petersburg