• CyberMonkey404@lemmy.ml
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    4 months ago

    From what I understand, Russian companies that are doing business with Europe and USA (such as aforementioned oil corporations) do so via direct exchange at a stock market, no swift required. Likewise, offshoring can be done via cash, precious metals, stocks or other methods

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      4 months ago

      There are always ways to try and get money out of a country, but the west made it as difficult as possible to do so. And the result has been that money is indeed staying in Russia which resulted in a big increase in business activity as IMF now openly admits.