Sanctions can’t stop Russian gold trade, researcher tells RT ...News

Economy by : (Russia Today) -
Moscow can find other places to sell bullion, Sergey Kopylov says As part of their unprecedented economic sanctions against Russia, the US and its allies announced last week they were moving to block financial transactions with Russia’s Central Bank (CBR) that involve gold, aiming to further restrict the country’s ability to use its international reserves. RT talked to Sergey Kopylov, a junior partner at consulting company BSC and a lead researcher at Plekhanov Russian University of Economics, to find out what it means and whether Western countries could really freeze Russian bullion holdings. Sanctions mean that

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