The bottom line is that if you have a loan from a Western bank/company from the country that imposed sanctions (hello Switzerland, which did not survive with neutrality), the payment per month is more than 10 million rubles in equivalent, then you do not need to transfer the currency. You, being a debtor, apply to a Russian bank and ask it to open a correspondent ruble (!!!) invoice in the name of the lender – the latter’s consent is not required at all. Next, you transfer rubles to this account at the current exchange rate and it is considered that you have fulfilled your obligations.
Allowing payments in foreign currency only through the Central Bank of the Russian Federation/the Ministry of Finance on an individual basis (for good behaviour …). The transfer of the debt does not change anything — the correspondent account is in rubles.
According to the results, about $460 billion (minus China’s loans) disappear from the balance sheet of Western banks, triggering a cascade of collapses. It’s impossible to understand where the equivalent in rubles is located, and without violating the laws of their country/consent to the conversion, Western banks cannot do anything with these rubles. I am looking forward to the opening of European markets with interest, this is a retaliatory nuclear financial bomb, up to the collapse of the Pyramid Valley.Putin’s Response to the Blocking of Part of the Reserves of the Central Bank of Russia – Сталкер Zone