Back to 1998

Back to 1998

Categories: Economy | History

More than 23 years have passed since Russia declared a technical default for the first and last time. We present to you the chronicle of the 1998 crisis. At that time, Russians invested rubles that were depreciating before their eyes in food, household appliances, and some tried to buy currency with the last funds.

Back to 1998

Back to 1998

A fight near the branch of the SBS-Agro bank in Moscow, August 1998.

Back to 1998

Currency exchange by hand near Kievsky railway station in Moscow, August 1998.

Back to 1998

A resident of Moscow with a bag of flour in the city center, September 1998.

Back to 1998

ATM queue, August 1998.

Back to 1998

Muscovites are dragging household appliances and electronics from the store, August 1998.

Back to 1998

About a thousand unemployed Muscovites in line for the job fair, September 1998.

Back to 1998

Buyers at the market in Moscow, January 1999.

Back to 1998

Queue at one of the exchange offices in Moscow, September 1998.

Back to 1998

Currency exchange office, March 1999.

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