Posts Tagged ‘s630bn’

US Bans Transactions With Russian Central Bank, Freezing Nearly Half Of Russia’s $630BN In Reserves

According to the Treasury release, the U.S. also announced new penalties on a key Russian sovereign wealth fund, the Russian Direct Investment Fund, and its Chief Executive Officer, Kirill Aleksandrovich Dmitriev, a close ally of Russian President Vladimir Putin. The announcements marked the latest blow in the West’s financial retaliation against Russia following Putin’s invasion […]

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