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Moscow
Tuesday, December 6, 2022
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SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
66.2844
USD
63.1650

LATEST MARKET STUDY

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The Russian Export Center ready to test transactions in cryptocurrency

The Russian Export Center, which fell under sanctions, is considering the possibility of making payments in cryptocurrencies. This was announced at SPIEF by its head Veronika Nikishina. In addition, she said that payment mechanisms in national currencies are being actively built at the moment, since they do not create the risk of falling under secondary sanctions.

On February 22, the Russian export center was included in the US Treasury Department’s SDN sanctions list, which provides for the blocking of assets and isolation from the dollar system.

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