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
08:15
Serbia inaugurated a military drone factory in partnership with an Israeli company
08:14
Flights at Ronald Reagan Washington National Airport were suspended after two pilots reported a drone above the active runway
07:50
A magnitude 3.1 earthquake occurred Friday morning in Suceava County
07:34
Legislative elections in Russia | The first polling stations opened in the Russian Far East
07:19
Europa League: Results recorded on Thursday | Union Saint-Gilloise and Ferencvaros won away. Marseille humiliated in Istanbul
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
