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Since the US and EU banned the export of their banknotes to Russia in March 2022 following the invasion of Ukraine, some $2.3 billion in dollars and euros have been smuggled into the country, Reuters reports. Customs data obtained from a commercial vendor that records and collects information shows that the cash was transported to Russia from countries such as the UAE and Türkiye, which have not imposed restrictions on trade with Russia. The country of origin of more than half of the total amount is not specified. The previously unpublished data shows that Russia has managed to circumvent sanc…

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