1. Any cash the IMF pumps into Russia has been lent by the central bank to banks that promptly exchange rubles for dollars. 2. Only a few managed to exchange rubles to dollars before local currency offices were shut down early Monday afternoon. 3. Russians choosing not to exchange rubles went on shopping sprees to get something for their money before it becomes even less valuable. 4. The most popular form of money management by far is to exchange rubles, which have declined precipitously in value, for dollars. 5. To ease the transition, Russians will have another four years to exchange old rubles for new. 6. He was charged with illegally exchanging rubles into dollars in the streets of Saransk. |