Tag: foreign accounts

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Economy Russia-Ukraine War

How Fleeing Russians (And Their Rubles) Are Shaking Up Neighboring Economies

How Fleeing Russians (And Their Rubles) Are Shaking Up Neighboring Economies
January 2023, Saint Petersburg, Russia. Sberbank logo seen on a residential building during the sanctions against Russian banks Maksim Konstantinov / SOPA Images via ZUMA Press Wire

Russians fled the war to neighboring countries, bringing with them billions of dollars worth of wealth. The influx of money is both a windfall and a problem.

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