EGN NEWS DESK
LONDON –
Around $2.3 billion in greenback and euro payments have been shipped to Russia for the reason that United States and EU banned the export of their banknotes there in March 2022 following the invasion of Ukraine, in response to customs knowledge seen by Reuters.
Around $2.3 billion in greenback and euro payments have been shipped to Russia for the reason that United States and EU banned the export of their banknotes there in March 2022 following the invasion of Ukraine, in response to customs knowledge seen by Reuters.
The beforehand unreported figures present Russia has managed to avoid sanctions blocking money imports, and recommend that {dollars} and euros stay helpful instruments for commerce and journey whilst Moscow strives to cut back its publicity to exhausting currencies.
The customs knowledge, obtained from a industrial provider that data and compiles the knowledge, reveals money was transported to Russia from international locations together with the UAE and Turkey, which haven’t imposed restrictions on commerce with Russia. The nation of origin for greater than half the full was not said within the data.
