The ministry says that it will issue payment orders to correspondent banks for making payments in foreign currency but the ability to proceed with those payments will depend on sanctions. If the foreign correspondent banks cannot make the payments, then the transaction will be conducted in Russian rubles instead. ADVERTISEMENT – CONTINUE READING BELOW www.forexlive.com
The ministry says that it will issue payment orders to correspondent banks for making payments in foreign currency but the ability to proceed with those payments will depend on sanctions. If the foreign correspondent banks cannot make the payments, then the transaction will be conducted in Russian rubles instead.
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