How currency sanctions on Russia could disrupt trade with Africa

  • Article

The article discusses the implications of recent financial sanctions imposed on Russia by the United States and the European Union in response to Russia's invasion of Ukraine. These sanctions have disrupted global trade and financial networks, including those in Africa. The primary focus is on the impact of these sanctions on African trade with Russia, given that a significant portion of Africa's trade is invoiced in the U.S. dollar and euro, the very currencies targeted by the sanctions.


Name

How currency sanctions on Russia could disrupt trade with Africa

Types

Publish date

05

Month
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23

Day
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2022

Year

12

:

00

am

Publisher

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