It effectively reduces the amount of money Russia has in its reserves from $630bn to around ~$12bn of usable hard currency. This will not so much undermine the Russian economy as dynamite the foundations and collapse the whole building.
It effectively reduces the amount of money Russia has in its reserves from $630bn to around ~$12bn of usable hard currency. This will not so much undermine the Russian economy as dynamite the foundations and collapse the whole building.
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