Russia Reportedly Considering Capital Controls
October 1st, 2014Bloomberg rumors. Maybe something, maybe nothing.
However, about a month ago, I suggested the following to a family member with a Russian girlfriend:
“I’d seriously consider getting her and her money out of there ASAP. You wouldn’t want her to be in Putin-Land or holding Putin-Bucks if this thing gets any worse.”
Via: Bloomberg:
Now so much money is leaving Russia that its central bank is considering temporary capital controls, according to two officials with direct knowledge of the discussions.
