Canada has banned its financial institutions from all transactions with the Central Bank (CB) of Russia, blocks the assets of sovereign wealth funds of the Russian Federation and transactions with them, the Ministry of Finance reported. RIA News.
Earlier, the European Union (EU) banned operations related to the management of reserves and assets of the Central Bank (CB) of Russia. However, as noted in the document of the organization, the EU authorities can allow transactions with the Bank of Russia, if it is “strictly necessary” for the financial stability of the European Union.
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