Sanctions on Russia
in War in Ukraine ·
rowdytiger13 said:Yeah, but they're basically paralyzing the Russian central bank's assets—freezing transactions so they can't actually cash out their holdings.
The main players involved are the European Union, France, Germany, Italy, the UK, Canada, and the USA.
That's a real hit...
I mean, what kind of assets does the Russian central bank even have in the EU?
And they'll probably just freeze Western central banks' assets in return.
It's all just a mess, honestly.
Seems like they're getting squeezed, so they left some banks in SWIFT, I guess, just so they can still buy energy without having to lug suitcases of cash back to Moscow.