Russian Officials: Russian Govt said to prepare for toughest sanctions scenario - RBC

Dhwani Mehta FXStreet

The Russian newspaper RBC quoted unnamed Russian officials on Tuesday, as saying that their government is prepared to face the toughest sanctions likely to be imposed by the US.

Key Headlines:

The government prepared plans for many possible situations.

Such as if US introduces limitations on sovereign debt purchases.

Or if Russia gets disconnected from SWIFT bank messaging system.

The main concern for Russian officials is trying to block sanctions against the nation's two largest banks, Sberbank and VTB.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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