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Russians withdraw 2.4T rubles in cash, sparking liquidity concerns

Russians withdrew over 2.4 trillion rubles, raising liquidity concerns. Rate cut after July meeting now at 63.5% YES.

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Russians withdrew over 2.4 trillion rubles, raising liquidity concerns. Rate cut after July meeting now at 63.5% YES.

Russian banks are borrowing record sums from the central bank as cash withdrawals surge amid drone-related internet blackouts and economic anxiety.