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Russians Sanction, What It Means. - Foreign Affairs - Nairaland

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Russians Sanction, What It Means. by Xloclwise: 11:15pm On Mar 07, 2022
I read through a thread here on nairaland about unfriendly countries listed by Russia. What caught my attention was the sanction clause placed by russian government to the underlisted countries.

The Government allowed Russian citizens and companies, the state itself, its regions and municipalities that have obligations in foreign currency to foreign creditors from the list of unfriendly countries to pay back their debts in rubles.

For that, a debtor may ask a Russian bank to create a special ruble account "C" in the name of a foreign creditor and transfer payments to it in ruble equivalent at the exchange rate of the central bank on the day of payment


Then I wondered :

What if russia decides to peg the daily exchange rate of any debtors country's currency to russian rubles at e.g $500 to 1 rubles on the day of payment.


Them say wahala be like wetin again?


Meanwhile Affected countries are;
Albania, Andorra, Australia, Great Britain, including Jersey, Anguilla, British Virgin Islands, Gibraltar, EU member states, Iceland, Canada, Liechtenstein, Micronesia, Monaco, New Zealand, Norway, South Korea, San Marino, North Macedonia, Singapore, US, Taiwan, Ukraine, Montenegro, Switzerland, and Japan

https://www.nairaland.com/7018864/russia-issues-list-unfriendly-countries

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Re: Russians Sanction, What It Means. by Abdul05: 11:46pm On Mar 07, 2022
o boy this ur English nawa ooo grin... grin angry


No one is perfect ba but we do learn day by day...


Then l wondered.... correct this... grin


Abdul05 is cumin back soon just engaged with some thing for now... grin grin
Re: Russians Sanction, What It Means. by Xloclwise: 12:04am On Mar 08, 2022
Abdul05:
o boy this ur English nawa ooo grin... grin angry


No one is perfect ba but we do learn day by day...


Then l wondered.... correct this... grin


Abdul05 is cumin back soon just engaged with some thing for now... grin grin


You don't know what you're talking.

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Re: Russians Sanction, What It Means. by phenase(m): 12:51am On Mar 08, 2022
AMERICANS DONT KNOW THAT IF RUSSIA IS NUKED TODAY, THE HIDDEN MACHINES WILL AUTOMATICALLY TAKE OVER, THIS WILL BE THE END OF THE WORLD. THEY SHOULD BE CAREFUL WITH RUSSIA. THEY DONT KNOW MUCH ABOUT RUSSIA CAPABILITIES. THEY HAVE MORE THAN WHAT THE EYES CAN SEE cool
Re: Russians Sanction, What It Means. by Abdul05: 5:32am On Mar 08, 2022
Xloclwise:



You don't know what you're talking.
grin grin grin you think that English is right ba? grin grin

It seems that" you don't like to be corrected.
Go ahead.... cheesy




University of biafra..,, grin

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