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
23:12
Houthi militias in Yemen attacked two Saudi oil tankers, Wafa and Daisy, in the Red Sea and the Gulf of Aden
22:55
The British Foreign Secretary avoids answering whether he still considers Donald Trump an "idiot," "racist," and "misogynist."
22:41
Armed attack with multiple victims in Prospect Hill, North Carolina
22:20
An explosive drone was found on the runway of the airport in Leipzig / The German police deployed a bomb disposal robot
21:47
Iran and Oman have agreed on a shipping route through the Strait of Hormuz
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
