4min chapter

Forward Guidance cover image

The Central Bank Of Russia Is On The Defensive with Joseph Wang & Frances Coppola

Forward Guidance

CHAPTER

The Competition of the Russian Central Banks

The US sanctions say a 30 day implementation period. During that time, the business is going to continue during that time because you can't unwind their positions. And when we come to central banks, now this famous freezing of the assets of the Russian central bank, that hasn't happened yet. It's not clear if it can happen at all. Because it all depends what these assets are and where they are.

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