Central banking in occupied Ukraine: what might happen?

Russian soldier
A Russian soldier
Russian Ministry of Defence

As Russian forces extend their rule over Ukraine, they have also taken control over banking and currency in their zones of occupation. But what that means on the ground is not yet clear. Looking at Russia’s other recent incursions onto its neighbours’ territory might offer some important insights into what could happen.

Russian-controlled of parts of neighbouring countries have recently taken three different forms: annexation; the establishment of puppet governments; and military occupation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account