Thursday, March 10, 2022

Russians on holiday in Bali strapped for cash

 


KUTA, Indonesia: When Russian tourist Konstantin Ivanov tried to draw money from his home bank account at a cash machine on the Indonesian resort island of Bali, the transaction was blocked.  Unprecedented sanctions against Russia's banks over its invasion of Ukraine are taking a toll on its citizens overseas, who have been left scrambling to find cash or turn to crypto transactions to get by.

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