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Russia Says The West Has 'essentially Stolen' Its Foreign Currency - Foreign Affairs - Nairaland

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Russia Says The West Has 'essentially Stolen' Its Foreign Currency by Owerri1stSon: 6:44pm On Oct 26, 2022
Russia accused the West of stealing from Moscow's currency and gold reserves on Monday thanks to sanctions that froze Russian assets.

In a statement to reporters discussing the prospect of the European Union's proposal to transfer the frozen Russian assets to Ukraine, spokesperson Dmitry Peskov said "a part large of our assets have been essentially stolen by specific Western countries."

The Western sanctions have blocked Russian access to roughly $640 billion worth cash and gold reserves in response to the Kremlin's February 24 invasion of Ukraine. Other US allies followed suit earlier this year, freezing $30 billion worth of assets held by Russian oligarchs in concert with $300 billion in Russian central bank funds.

The European Union is also considering transferring the Russian cash and gold to Ukraine, drawing criticism from the Kremlin

Source: https://markets.businessinsider.com/news/currencies/russia-accuses-us-of-stealing-cash-gold-reserves-sanctions-ukraine-2022-10

Seun, Mynd44, OAM4J

Re: Russia Says The West Has 'essentially Stolen' Its Foreign Currency by Goldmynemaniac: 7:15pm On Oct 26, 2022
I think the West overcharged Russia for just a small portion of Ukraine? What If Russia wanted the whole Ukraine, how much would it then cost?

This is an exorbitant price. Only the Garden of Eden should be this expensive.

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