{"id":30529,"date":"2024-08-12T15:22:48","date_gmt":"2024-08-12T12:22:48","guid":{"rendered":"https:\/\/sudanevents.com\/?p=30529"},"modified":"2024-08-13T15:25:17","modified_gmt":"2024-08-13T12:25:17","slug":"exclusive-billions-in-dollar-and-euro-notes-reach-russia-despite-sanctions","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2024\/08\/12\/exclusive-billions-in-dollar-and-euro-notes-reach-russia-despite-sanctions\/","title":{"rendered":"Exclusive: Billions in dollar and euro notes reach Russia despite sanctions"},"content":{"rendered":"<div dir=\"auto\"><strong>By Gleb Stolyarov, Filipp Lebedev and Alexander Marrow<\/strong><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">US and EU banned banknote exports to Russia in 2022.<\/div>\n<div dir=\"auto\">Russia continues to import them, albeit in smaller volumes<\/div>\n<div dir=\"auto\">Cash is still easier for some trade transactions.<\/div>\n<div dir=\"auto\">Some imports are payments to Russian state arms companies<\/div>\n<div dir=\"auto\">LONDON, Aug 12 (Reuters) &#8211; Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States and EU banned the export of their banknotes there in March 2022 following the invasion of Ukraine, according to customs data seen by Reuters.<\/div>\n<div dir=\"auto\">The previously unreported figures show Russia has managed to circumvent sanctions blocking cash imports, and suggest that dollars and euros remain useful tools for trade and travel even as Moscow strives to reduce its exposure to hard currencies.<\/div>\n<div dir=\"auto\">The customs data, obtained from a commercial supplier that records and compiles the information, shows cash was transported to Russia from countries including the UAE and Turkey, which have not imposed restrictions on trade with Russia. The country of origin for more than half the total was not stated in the records.<\/div>\n<div dir=\"auto\">The U.S. government in December threatened penalties for financial institutions that help Russia circumvent sanctions and has imposed sanctions on companies from third countries throughout 2023 and 2024.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Gleb Stolyarov, Filipp Lebedev and Alexander Marrow US and EU banned banknote exports to Russia in 2022. Russia continues to import them, albeit in smaller volumes Cash is still easier for some trade transactions. Some imports are payments to Russian state arms companies LONDON, Aug 12 (Reuters) &#8211; Around $2.3 billion in dollar and &hellip;<\/p>\n","protected":false},"author":2,"featured_media":30530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-30529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/30529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=30529"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/30529\/revisions"}],"predecessor-version":[{"id":30531,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/30529\/revisions\/30531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/30530"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=30529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=30529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=30529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}