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The Central Bank Of Russia Is On The Defensive with Joseph Wang & Frances Coppola
Forward Guidance
The US Blocking Sanctions on Banks
Sperbank and Gazblom Bank have been excluded from the blocking sanctions. Sperbank has been banned from the dollar clearing system for most payments, but there is a carve out for certain types of payments,. One of which is energy payments. There are one or two other carve outs as well to do with financial stability.
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