Quote from: Bellarg on Today at 10:06:32 AM

Sounds like good news for any countries exept USA?

1. Can you explain what is good about this? Tolko with specific examples?

2. And this is what reality looks like

“Friendly” states, following the “unfriendly” ones, refuse to import cash currency into Russia, Dmitry Tulin, First Deputy Chairman of the Central Bank of the Russian Federation, said on Wednesday.

According to him, we are talking, in particular, about the Chinese yuan, whose share in the foreign trade turnover of the economy increased by more than 30 times over the past year.

Although the yuan has become the leader in terms of trading volume on the Moscow Exchange, and China has become Russia's largest trading partner, the Chinese Central Bank, according to Tulin, "does not welcome" the circulation of cash yuan abroad.

As a result, according to the official, the central bank does not have the opportunity to ease restrictions on the withdrawal of cash currency from the accounts of individuals: dollars and euros are prohibited from being imported due to sanctions, and other currencies are also not received.

“Chinese yuan can be obtained in cash… They are not and will not be, and there will be no dollars in cash,” Tulin warned.

He recalls that the Central Bank itself did not impose any bans on the import of currency "cash".

“If someone brings dollars in cash and euros into the country for tens, hundreds of billions ... There are none, there are no restrictions (for import). They are not supplied to us, moreover, friendly or neutral states do not welcome the circulation of their currency in cash abroad, ”the official explained (quoted by Interfax).

The Central Bank of the Russian Federation until September 9 this year extended the restrictions on the withdrawal of cash foreign currency. You can withdraw no more than $10,000 from a foreign currency account or deposit opened before March 9, 2022. The rest of the funds can only be received in rubles.

https://www.moscowtimes.ru/2023/04/05/update-1-vtb-ne-planiruet-vykhod-iz-zernovykh-aktivov-i-ndeksa-nameren-razvivat-raschety-i-roznitsu-a39199

3. Doesn't it bother you that all the hysteria around "abandon the dollar" ends up with stable currencies disappearing from the country's gold reserves, and they are being replaced with beautiful Chinese candy wrappers? Guess what it would be for?