At Putin's hometown, people rushing to hoard coins by train

The coin series was stored by the people in his hometown of Russian President Vladimir Putin to pay for subway trips, because ticket prices will increase next year, concerns context of Rupe sharp decline

Type the coin used to pay for subway trips in St Petersburg.

According to AFP, the people in the city of St Petersburg to purchase up to 85,000 coins paid subway one day, to save three more Rupe (5 cents), before prices rise on day 1/1 years later.

"I feel that people are focusing investment in penny paid subway" - a joke passengers at the ticket desk at the station before Veteranov Prospekt.

Typically, only about 15,000 were sold payment cents a day the second largest city in Russia, but the ruble crisis worsened, this figure rises to between 80000-100000 cents a day. The price of the coin will increase from 28 Rupe (45 cents) to 31 Rupe (50 cents) on 1/1 years later.

Only in December, 1.8 million coins have been sold so far. The government has stepped in and banned the cashier sold more than two trends at once.

The Russians started shopping focus in recent weeks, many households hoarding sugar and buckwheat, one of the staples of the country, while at the same time Rupe had lost a quarter of value only in two days. Worried about rising inflation and wages and savings will evaporate, the Russians little richer reserve goods that they think will be worth keeping.

The currency crisis the worst in 15 years in power of President Vladimir Putin was triggered by the decline of oil prices, and exacerbated by the sanctions of the West as Ukraine crisis. At Rupe lost 40% of its value against the dollar and the euro this year.

Source: vnexpress

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