TheNewsGuru

Tag: Russia Central Bank

  • WAR: BIS hits Central Bank of Russia

    WAR: BIS hits Central Bank of Russia

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    by

    Abimbola Fabunmi
    in ,

    Russia’s apex financial institution the central Bank of Russia (CBR) has been sanctioned by the Bank for international settlements. The Bank for International Settlements effectively serves as the central bank of central banks. According to the statement released by the Bank for international settlements spokesperson, Central Bank of Russia was sanctioned because of its continued…