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When a major economy like Russia experiences significant capital flight, it can create ripples across the global financial system. While not an immediate crisis for the UK, sustained instability in a large economy can affect international trade and investment confidence.
Stories that explain this
Why war fears are causing Russians to withdraw billions from banksRelated explainers
Why governments seize assets Your money and the war How sanctions hit Russia UK banks: are they safe? What are global financial markets? What's a 'financial stability report'? What's a global financial crisis? UK financial stabilityThe full catalogue
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