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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (762266)	5/2/2022 2:19:13 PM
From: skinowski	2 Recommendations Recommended By Ben Smith pheilman_ Respond to of 793735

Aifak, one by one they are opening accounts with some Russian bank, and they pay that bank in Euros or Dollars. The bank converts it to rubles - and forwards them to the seller - Russia. Some are looking for a way to avoid it. Poland is buying from Germany and pays them in Euros (plus a cut). Germany pays (de facto) in rubles. My understanding is that all this started due to sanctions - because Dollars and Euros the Russians would be receiving would be subject to seizure under the sanctions.