Verifier: The more authentic team
Recently, a screenshot circulated online saying that an old man converted $1 million stored in the bank into rubles last month, and when he wanted to convert it into euros yesterday, the rubles were worth only 88,000 euros (about $97,600), which means that these rubles have depreciated by 90%. As a result, "the old man fell to the ground with cerebral hemorrhage on the spot and was rescued by ambulance." The screenshot also said that the old man went to the bank to exchange euros because he heard that Russia prohibited foreigners from holding and selling Russian assets and bonds.
The screenshot does not have specific information such as the person, the detailed location, the bank, etc. However, after investigation, the key statements in the screenshot are seriously contrary to the facts.
First, the depreciation of the ruble is not so exaggerated. According to the financial website investing.com, the low point of the ruble dollar against the ruble in the latest month was around 75, that is, 1 dollar can be exchanged for 75 rubles, and after the Russian-Ukrainian conflict began, the ruble began to fall, and the highest point was around 115 as of March 3. In other words, the ruble lost about 35% against the dollar and about 30% against the euro. From the dollar to the ruble and then to the euro, the loss cannot reach 90%.
Second, the statement in the screenshot that "Russia prohibits foreigners from holding and selling Russian assets, bonds and other specific measures" is contradictory. Because it is impossible to "prohibit holding" and "prohibiting sale" at the same time. In fact, in response to the sanctions, Russia has taken some measures: to suspend brokerages from accepting commissions from foreign investors to sell Russian securities – that is, foreigners cannot sell stocks through Russian brokers – and to prohibit the carrying out of foreign currency cash equivalent to more than $10,000. In other words, the possession of rubles is not affected, and the possession of rubles by foreigners in foreign countries is even less affected.
Therefore, the screenshot is fake, just a paragraph.
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