The analyst spoke about the possibility of “blocking” all the dollars in Russia

The analyst is convinced that it is impossible to limit cash dollars in Russia
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Sanctions against Russia in general and the Urals in particular

Western countries may restrict Russian dollar transactions in banks, but they will not be able to limit cash. This was stated by the leading analyst of the global research department “Opening Investments” Andrei Kochetkov.

“If there are still some possibilities to block foreign operations with regard to bank accounts, it is impossible to limit non-cash payments within Russia. As for cash bills, this is an absolutely impossible threat, “Kochetkov told Prime.

At the same time, the United States will itself suffer from the sanctions imposed on Russia. “It is unlikely that the share of the dollar in international reserves will grow in any way. Moreover, it will be reduced, as well as the degree of use in international settlements, “he warned. This, in turn, will lead to inflation in the value of the dollar.

Western countries began to actively impose sanctions after Russia announced a special operation to demilitarize Ukraine. Russian President Vladimir Putin said that this was not a decisive factor, Russia would be subject to sanctions in any case. At the same time, the United States actively imposed restrictions against Russia before the events of 2014. For example, in 2012, with the repeal of the Jackson-Vanik amendment, the so-called “Magnitsky List” was adopted, which regulated restrictions on Russian officials involved or even simply related (according to the United States) to the death of lawyer Sergei Magnitsky

Now the European Union, together with the United States, Britain and Canada, have agreed to freeze the assets of the Central Bank of Russia. Also, some Russian banks were disconnected from SWIFT. Western leaders also noted that the main purpose of the restrictions is to strike at every citizen of the Russian Federation.

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Western countries may restrict Russian dollar transactions in banks, but they will not be able to limit cash. This was stated by the leading analyst of the global research department “Opening Investments” Andrei Kochetkov. “If there are still some possibilities to block foreign operations with regard to bank accounts, it is impossible to limit non-cash payments within Russia. As for cash bills, this is an absolutely impossible threat, “Kochetkov told Prime. At the same time, the United States will itself suffer from the sanctions imposed on Russia. “It is unlikely that the share of the dollar in international reserves will grow in any way. Moreover, it will be reduced, as well as the degree of use in international settlements, “he warned. This, in turn, will lead to inflation in the value of the dollar. Western countries began to actively impose sanctions after Russia announced a special operation to demilitarize Ukraine. Russian President Vladimir Putin said that this was not a decisive factor, Russia would be subject to sanctions in any case. At the same time, the United States actively imposed restrictions against Russia before the events of 2014. For example, in 2012, with the repeal of the Jackson-Vanik Amendment, the so-called “Magnitsky List” was adopted, which regulated restrictions on Russian officials involved or even simply involved (according to the United States) in the death of lawyer Sergei Magnitsky. The European Union, together with the United States, Britain and Canada, have agreed to freeze the assets of the Central Bank of Russia. Also, some Russian banks were disconnected from SWIFT. Western leaders also noted that the main purpose of the restrictions is to strike at every citizen of the Russian Federation.

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