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Dubai Trade Hub Chief States Sanctions on Russia Ineffective Outside the West /
npub19hl…0rnt
2024-06-13 16:03:28

Dubai Trade Hub Chief States Sanctions on Russia Ineffective Outside the West on Nostr: Russians in Moscow Shrug Off New US Sanctions on Dollar and Euro Trading ...

Russians in Moscow Shrug Off New US Sanctions on Dollar and Euro Trading
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#5d450749 ver:0.34

Despite new US sanctions forcing the Moscow Exchange to halt dollar and euro trade, Russians in Moscow are unfazed. Existing sanctions and limited travel abroad have made Western currencies less necessary. Individuals and companies can still trade through lenders, but higher volatility and commissions are expected. Russia's economy has proven resilient, and the ruble's exchange rate quickly settled after the sanctions. Some Russians see opportunity in the volatility, while others support reducing reliance on foreign goods. #Russia #sanctions #economy...

#newstr #Russia #UsSanctions #MoscowExchange #CurrencyTrade #Resilience #ExchangeRate #RussianEconomy

https://here.news/story/5d450749?ver=0.34
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