Putin has a reason to rub his hands: The money is still coming
B92 13.08.2024 | Biznis.rs
Some 2.3 billion dollars and euros in cash have been sent to Russia since the United States and the European Union banned the export of their banknotes to the country in March 2022, following the start of the war in Ukraine.
The previously unpublished customs data obtained by Reuters shows that Russia has been able to circumvent sanctions that block cash imports, suggesting that dollars and euros remain useful tools for trade and travel, even as Moscow seeks to reduce exposure to these currencies. Customs data, obtained from a commercial provider recording and compiling the information, shows that the cash was transported to Russia from countries such as the UAE and Turkey, which have