The Central Bank of Russia's Access to Certain Assets

I just want to ask What your view is on the Fed essentially canceling you know hundreds of billions of dollars That preserves that the central bank of russia thought as money. I think what you saw especially in december was a huge shift into deposits with other official institutions whether it be friendly central banks Maybe not the imf for the bis but definitely other counterparty central banks. Let's face that vladimir poutin knew what was going to happen in february and so Just in the reserve composition change they were getting prepared for being Being sanctioned.