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West will Shut Off Some Russian banks from the Swift System

  • Writer: BBC
    BBC
  • Feb 28, 2022
  • 1 min read

Several Russian banks have been shut off from the major international payment system, Swift, by the EU, the US, and its allies.


Russia's central bank's assets will also be blocked, restricting its ability to access its foreign reserves.


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Read the full article here.

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