Russian banks to suspend Euro currency trading
Ticker News · 2 years ago
Ticker News
2 years ago
Russian bank Tinkoff says it would be suspending the buying and selling of the Euro currency, as of this week. This follows the latest round of European sanctions being imposed on the nation, as a part of its invasion of Ukraine. The E.U. agreed to a tenth round of measures, which includes cutting off more banks from the SWIFT global payments system.
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Russian Sanctions
The Russian economy has been impacted by a raft of global sanctions as world leaders try to pressure Vladimir Putin to end the war in Ukraine.