The effect of sanctions will intensify over weeks and months.
Recent days have shown that the Russian ruble has won back positions in the foreign exchange market and returned to almost pre-war value against the US dollar. However, the Russians should not be happy about this, because the consequences of sanctions will catch up with them relatively soon. This was stated by German Ambassador to Ukraine Anka Feldgusen in an interview with the Glavkom.
The effect of these sanctions will intensify over weeks and months. In addition, you have seen how many companies have voluntarily left the Russian market, and the Russians will soon soon feel the effect of sanctions not only because of the burger at McDonald's, but also other things, “said the Ambassador.
did not appreciate the fact that a number of German companies continue to operate in Russia: Metro, Globus, Bayer, Henkel, Knauf.
“I honestly do not know, I do not have this list. This needs to be clarified in our Chamber of Commerce and Industry, “said the ambassador.
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Recall that strengthening of the Russian currency contributes to a sharp decline in imports to Russia and, consequently, a decrease in demand for foreign currency from importers.