Commercial swaps of frozen assets do not pose systemic risks, Russia's cbank governor says
Reuters
Commercial swaps of assets mutually frozen in the EU and Russia, organized by private brokers, do not have a systemic impact on the domestic market, the central bank's governor Elvira Nabiullina said on Thursday.Nabiullina added that such swaps do not significantly reduce the total amount of frozen…
Commercial swaps of assets mutually frozen in the EU and Russia, organized by private brokers, do not have a systemic impact on the domestic market, the central bank's governor Elvira Nabiullina said on Thursday.
Nabiullina added that such swaps do not significantly reduce the total amount of frozen Western assets Russia is currently holding.