Russians began to be massively denied accepting dollars in cash in banks and currency exchange offices, both domestic and foreign. This was reported by Rossiyskaya Gazeta with reference to the Association of Tour Operators of Russia (ATOR).

Russians warned about problems with exchanging old dollars abroad
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New style (“blue”) dollars, in perfect condition, without scuffs, stains or strange inscriptions, are now needed in Turkey, the United Arab Emirates, Thailand, Egypt, Armenia and other popular destinations for vacations and business trips, the association noted. . . At the same time, greater demands on the condition of banknotes began to be imposed in Russia.

The problem, according to ATOR, emerged in 2023 and has worsened this year. According to ATOR Vice President Artur Muradyan, neither the US Treasury nor the Federal Reserve made any announcements about problems with cash acceptance and old dollars were not removed from circulation.

“I know of a case where a Russian tourist abroad agreed to accept old dollars, in perfect condition, in bank packages, only with a 5% discount. Not to mention the cases where the bills are wrinkled or have some marks,” Muradyan said.

Russian banks explain their reluctance to accept imperfect dollars because they themselves find it difficult to sell them, the publication notes.

In September, Russian banks almost stopped buying dollars in cash from the less well-off population. On October 22, E1.RU reported that Yekaterinburg banks had suddenly run out of dollars.

Author:

Nikolai Tikhonov

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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