Today news
About the same in other media
05.04 - 14:37
How Russia escaped western sanctions with its parallel payments system
Reading now: 271
fnlondon.comWestern sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception.
The domestic-payments system continued to work smoothly after Visa and Mastercard pulled out earlier this month. While the card giants’ exit from Russia was viewed as a significant move by many in the west, the reality on the ground was anything but. Most Russian consumers never lost the ability to use their Mastercard- and Visa-branded cards to pay for things within the country.
There...
Read more on fnlondon.comAbout this in other media
US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble cryptonews.com /2 years ago
Ukraine War Sanctions Hit Home for Everyday Russians wsj.com /2 years ago
Russia’s services sector shrinks amid western sanctions over Ukraine theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
