Kazakhstan blames its banks for blocked Russian transactions ...News

Russia Today - Economy

A number of the country’s lenders are reportedly rejecting payments from the sanctioned country The government of Kazakhstan did not instruct domestic banks to reject transactions from Russia, the country’s finance minister, Yerulan Zhamaubaev, said on Thursday. His comments were made in response to a report earlier this week by the Russian newspaper Vedomosti, which, citing market sources, claimed that a number of Kazakh banks were rejecting payments in rubles made by Russian importers in order to avoid the risk of secondary Western sanctions. While Zhamaubaev did not refute the claims that the banks were indeed

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Last updated : 10 June 2023 clock 09:28 AM

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Kazakhstan blames its banks for blocked Russian transactions ...News

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