Dossier
Central bank data
Coverage of Central bank data in the Nexus archive.
- Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
A financial crisis characterized by a slow-motion bank run is affecting Russia amid concerns over war funding. Depositors have withdrawn billions of rubles as the Kremlin’s finances struggle with deep budget deficits and dwindling funding sources. The government's reliance on bond auctions and potential seizure of pension savings raises fears among ordinary Russians about the stability of their money.