Russia central bank pleads with citizens to exercise restraint as lenders brace for SWIFT exit

Russia central bank pleads with citizens to exercise restraint as lenders brace for SWIFT exit

City A.M.

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Russia’s economy is set to descend into turmoil after an alliance of Western nations over the weekend launched a sweeping set of sanctions to hobble the country’s financial system. The measures prompted Russia’s central bank yesterday to plead with the country’s citizens to exercise calm amid growing concerns among Russian citizens that their money could [...]

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