Moscow seeks solutions for international settlements after Western sanctions blocked Russian banks' access to SWIFT.
Emese Grancsa
International
Credit: Kommersant Photo Agency / ddp USA / Profimedia
Always see our news on Google
After Western sanctions blocked most Russian banks from accessing the SWIFT system, Russia is looking for alternatives for international settlements. A draft law proposes opening foreign bank branches in Russia under certain conditions to facilitate cross-border settlements. The initiative comes in response to the difficulties created by Western sanctions, which have significantly affected the Russian financial system.
Sources
Parlamentul de la Moscova, aproape să adopte o legislație care va permite băncilor străine deschiderea de sucursale în Rusia - Economica.net
Rusia, aproape de a permite deschiderea de sucursale ale băncilor străine
Rusia, aproape de a permite deschiderea de sucursale ale băncilor străine
Băncile străine ar putea primi permisiunea de a deschide sucursale în Rusia. Cu ce ajută Moscova această mutare strategică
Latest News
11:25
Russia declared a Romanian embassy employee in Moscow persona non grata.
11:21
World premiere in medicine! The first brain surgery assisted by artificial intelligence has been performed.
11:11
Donald Trump declared a national state of emergency to protect the electrical grid of the USA
11:05
Balkanik Festival returns to Lake Tei: Three days of music from Armenia, France, Turkey, Poland, Serbia, and the Arab world
11:03
Maia Sandu, message on Independence Day: "I thank you for being free, because as long as you are free, the Republic of Moldova will be free."
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
