Russia Circumvents Sanctions with $2.3 Billion Cash Inflow

Sanctions and Cash Inflow
In the wake of the Ukraine invasion, sanctions from the US and EU aimed at crippling Russia's access to foreign currencies have been sidestepped. Remarkably, customs data reveals that around $2.3 billion in dollar and euro banknotes have been shipped to Russia since March 2022. This cash flow, crucial for trade and travel, reflects Russia's strategic maneuvers to mitigate global isolation.