Why Russian Billionaires Are Repatriating Their Funds

Why Russian Billionaires Are Repatriating Their Funds
SCO & BRICS Insight
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YouTube link: https://www.youtube.com/watch?v=bVxV9304MjE

6,579 views May 27, 2024 #russia #russianeconomy #sanctionstorussia
In 2023 alone, trillions of roubles were brought back to Russia by representatives of the richest class of Russian citizens. They used to believe that it was more profitable to keep money in foreign accounts, but now they take the opposite position. Rhod Mackenzie looks at what has happened, and what are the implications for the Russian economy as a whole?

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