You have to wonder if this was intentionaly done to create the conditions for a CBDC. Which then makes me wonder if Putin is their friend, but I doubt that.
The Sanctions have probably done the Iranian,and Russian banks, a Favour,as some if not all of their Banks have been cut off from the (SWIFT),.Money Transfer.System,..so their Banks I would say are relatively safe for now,..secondly they mainly use their own currencies the rial & the ruble when trading between their 2 countries
Shittiest foreign management humanly possible in history.
You have to wonder if this was intentionaly done to create the conditions for a CBDC. Which then makes me wonder if Putin is their friend, but I doubt that.
The Sanctions have probably done the Iranian,and Russian banks, a Favour,as some if not all of their Banks have been cut off from the (SWIFT),.Money Transfer.System,..so their Banks I would say are relatively safe for now,..secondly they mainly use their own currencies the rial & the ruble when trading between their 2 countries
Great point. They have essentially been cut off from trading with failing banks.