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Falling imports due to sanctions creating a trade deficit. Russia is getting paid in Rubles for natural resources, but sanctions restricting their ability to sp
by gexla 4y ago
Falling imports due to sanctions creating a trade deficit. Russia is getting paid in Rubles for natural resources, but sanctions restricting their ability to spend. Or something like that.
- sam_lowry_ 4y agoDollars, not Rubles.
- gexla 4y agoI don't keep up on the daily turn of events in the Russia-Ukraine conflict, but I believe that one of the demands Russia made in response to the cratering currency was to demand that "unfriendly" countries make purchases from Russia in rubles rather than dollars. My comment simplified the situation though.
- sgjohnson 4y agoAnd everyone ignored them.