West could upend global financial system – Russian central bank ...News

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West could upend global financial system – Russian central bank
source : Russia Today ( News ) () 145
The seizure of the country’s reserves would jeopardize the “immunity” of national assets worldwide, Elvira Nabiullina warns The global financial system would be disrupted if Brussels and Washington go through with threats to use Russian sovereign assets to help Ukraine, the head of the Bank of Russia, Elvira Nabiullina, warned on Friday. Nabiullina noted that the principle of protecting the reserves of national central banks is a fixture in international law. “This immunity ensures the stability of the international financial system. Deviation from this principle, in our opinion, would lead to upending, albeit gra

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