Deposit Freeze - Radio Meduza

Deposit Freeze

Radio Meduza

Russians are cashing out their accounts, fearing a deposit freeze. Could the authorities really do that? Audio version of the explainer

In Russia, the volume of cash in circulation is growing amid rumors about a possible deposit freeze. People have been withdrawing funds from their accounts since the fall of 2024, but in 2026 the outflow became especially massive. So can the authorities freeze deposits? And what will this pace of cash withdrawals lead to? Listen to Meduza’s explainer, and you can read the cards here.

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