Financial pain of Russian banks’ SWIFT ban over Ukraine could dampen Putin’s strategic gain
By Prathapan Bhaskaran
Published - Feb 27, 2022, 02:29 PM ET
Last Updated - Jul 18, 2023, 05:38 PM EDT
- West mulls unprecedented step of hitting Russian Central
Bank with sanctionsRussia has world’s fourth largest foreign currency reserves
that it hopes will buffer sanctions blow
Major Western powers have announced the expulsion of select
Russian banks from SWIFT, the high-security banking network that makes possible
