Tag: SWIFT Expulsion

Capital and Risk, Liquidity

Russian Ruble Rate (USDRUB) Slumps, Russian Equities Hit Hard on SWIFT Expulsion

February 28, 2022

Via: DailyFX

The Bank of Russian more than doubled its bank rate earlier today to 20%, from 9.5%, as the central bank stepped in to try and prevent a currency crisis after the US and the West imposed stringent sanctions on the […]