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Can anyone explain the consequences of this coupled with the list of "unfriendly countries" that Russia just announced? [0] > Russian citizens and companies, t
by Raed667 5y ago
Can anyone explain the consequences of this coupled with the list of "unfriendly countries" that Russia just announced? [0]
> Russian citizens and companies, the state itself [..] that have foreign exchange obligations to foreign creditors from the list of unfriendly countries will be able to pay them in rubles
[0] https://tass.com/politics/1418197 https://tass.com/politics/1418197
- ABeeSea 5y agoIt’s a fancy way for Russia to say that it is defaulting on its foreign debt and attempting to pay it with monopoly money.