Stock Groups

Ukraine urges countries to cut Russia off from SWIFT payments system -Breaking


KYIV, Reuters – The Ukrainian foreign minister called on countries Thursday to remove Russia from SWIFT’s global interbank payments network. It is one the harshest non-military sanctions imposed by the West – to punish Moscow because it sent troops to Ukraine.

Senior officials stated that the European Union will place new sanctions against Russia. They plan to freeze its assets and stop its banks from accessing European financial markets. The EU leaders also intend to target “Kremlin interest” for its invasion of Ukraine. However, it is not likely to cut Russia off SWIFT at this point.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses caused by the data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.