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Friday, August 16, 2024
Russia Economy: Nearly All Chinese Banks Refusing to Process Payments - Business Insider
Russia has used smaller banks and non-US dollar currencies to bypass sanctions since the Ukraine invasion.
But the doors to alternative modes of transfers are closing fast. Russia is now looking to crypto and barter trade...
https://www.businessinsider.com/russia-economy-all-china-banks-refuse-yuan-ruble-transfers-sanctions-2024-8
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