People in Russia will not have their foreign currency accounts frozen, the Central Bank governor says Russia’s Central Bank Governor Elvira Nabiullina confirmed on Thursday that there will be no national ban on buying or selling foreign currencies. She also gave assurances that foreign currency deposits held by the population will not be frozen.
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The world’s second largest car manufacturer, Volkswagen Group, has reportedly decided to sell its business in Russia and is actively looking for a buyer, two major Russian media outlets, Vedomosti and Gazeta.ru, reported on Wednesday.
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