Sentences with phrase «enabling oligarchs»

They enable governments to support their currency's exchange rate relative to the dollar, enabling oligarchs to exchange it for more dollars than otherwise would be the case.

Based on fictitiously trouble - free projections of the ability to pay, the loan supported Ukraine's hernia currency long enough to enable the oligarchs» banks to move their money quickly into Western hard - currency accounts before the hernia plunged further and was worth even fewer euros and dollars.