Scherrer, Christoph; Wullweber, Joscha - In: Vierteljahrshefte zur Wirtschaftsforschung 91 (2022) 4, pp. 11-24
Western governments adopted extensive financial sanctions against Russia at the very beginning of Russia's invasion of … Ukraine, with the freezing of Russia's foreign currency reserves being particularly prominent. While these sanctions initially … had a major impact and the ruble's exchange rate crashed, Russia developed successful counterstrategies that eventually …
