this post was submitted on 23 Jul 2023
149 points (93.6% liked)

World News

32326 readers
528 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Karyoplasma@discuss.tchncs.de 1 points 1 year ago

It's because you cannot sell rubles for dollars because nobody outside the black market accepts them. You can buy them tho, so Russian banks can put any price they want to get the big money from some idiots who want to try some war profiteering. It also generates the illusion that the sanctions against Russia are not working, which is food for the propaganda machine.