Russia has capital controls. Exporters are forced to buy roubles with 80% of their foreign currency, among other restraints to the free trading of roubles.
If you traded roubles on the black market, you'd get the actual price, and it's much lower there.
>If you traded roubles on the black market, you'd get the actual price, and it's much lower there.
This is simply not true. "Black market", in the form of p2p crypto, had the rate close to the official one since the beginning of the war. Check your sources, they might be biased and feed you bullshit
This is not true though. You pay premium for cash USD in Russia, but that premium is within 8-10%. Not that far from official rate compared to what one could expect.
Russia has capital controls. Exporters are forced to buy roubles with 80% of their foreign currency, among other restraints to the free trading of roubles.
If you traded roubles on the black market, you'd get the actual price, and it's much lower there.