Economics
Russian Exporters Fear Liquidity Crunch as Payments Stall on Sanctions Risk
- Companies say liquidity challenges are continuing to grow
- US measures raised sanctions risk for foreign banks in June
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Russian exporters are facing mounting liquidity challenges amid delays in receiving payments from foreign banks fearful of falling foul of US sanctions.
While companies aren’t missing payrolls and other obligations, daily spending is increasingly difficult to plan because of unpredictable cash flows, according to executives at five major commodities producers, speaking on condition of anonymity as the information is sensitive.