May 25, 2024

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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability
Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic StabilityThe Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira Nabiullina, governor of the bank, stated that Russia has been diversifying its asset portfolio for many years and that the assets to be seized weren’t in use anymore. Bank […]