INTERNATIONAL : Dollars Banned from Russian Shops
From Times Staff and Wire Reports
As of Saturday, most shops will stop accepting what has become the currency of choice in Russia: the American dollar. The ban was ordered by the Central Bank in an effort to strengthen the ruble and help stabilize Russia’s financial system. Many stores, especially those that sell imported merchandise, now accept dollars, German marks and other foreign currencies. Many refuse rubles. But under the new rules, they must accept only rubles or credit cards.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
