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SGT Unit Supply Specialist
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PO1 William "Chip" Nagel thanks for the update.
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PO1 William "Chip" Nagel
PO1 William "Chip" Nagel
3 mo
SGT (Join to see) My Pleasure Shipmate!
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LTC Eugene Chu
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Russian banks are skewing the exchange rate. Since U.S. dollars are stable and Russian rubles are volatile, they are disincentives for selling the former.

https://markets.businessinsider.com/news/currencies/russia-dollar-ruble-exchange-us-sanctions-currency-yuan-ukraine-war-2024-6
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