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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russia’s Central Bank Hit As War Rages On (237 Views)
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Russia’s Central Bank Hit As War Rages On by NwaNimo1(m): 7:31pm On Mar 10, 2022 |
The Central Bank of Russia has been hit with sanction by the Bank for International Settlements. The Bank for International Settlements effectively serves as the central bank of central banks. It has now suspended Russia’s central bank following the invasion of Ukraine. “The Bank for International Settlements is following international sanctions against the Central Bank of Russia, as applicable, and will not be an avenue for sanctions to be circumvented,” a BIS spokesperson told CNN on Thursday in a statement. “The access of the Central Bank of Russia to all BIS services, meetings and other BIS activities, has been suspended.” Western powers led by the US and EU are imposing punishing sanctions on Russia and its central bank. Founded in 1930, the BIS is owned by 63 central banks, including the US Federal Reserve and the European Central Bank. https://dailypost.ng/2022/03/10/russias-central-bank-hit-as-war-rages-on/ |
Re: Russia’s Central Bank Hit As War Rages On by Padipadi(m): 7:48pm On Mar 10, 2022 |
The poster above me should be sent to Russia as a spy |
Re: Russia’s Central Bank Hit As War Rages On by house10s2: 8:24pm On Mar 10, 2022 |
online war |
Re: Russia’s Central Bank Hit As War Rages On by sapientia(m): 8:51pm On Mar 10, 2022 |
. |
Re: Russia’s Central Bank Hit As War Rages On by Vl3ly: 8:55pm On Mar 10, 2022 |
But I don't think this is the best and fast solution to this war |
Re: Russia’s Central Bank Hit As War Rages On by NwaNimo1(m): 9:14pm On Mar 10, 2022 |
(1) (Reply)
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