Additional sanctions against the central bank of Russia were announced on Monday afternoon (Greek time) by the government of US President Joe Biden, banning any transaction with the central bank of Russia, in a move that practically closes the way to any transaction with Russian state agency, while its assets are frozen in the United States.
Based on the announced measures, sanctions are imposed on the National Fund of the Russian Federation, as well as on the Ministry of Finance of the country.
A senior Biden government official, speaking on condition of anonymity because he was not authorized to speak to the media, said the new sanctions would take effect immediately.
“We wanted the sanctions to take effect before our markets opened, as we learned from our allies and partners that over the weekend the Russian central bank was trying to move assets and there was expected to be a large capital flight around the world on Monday.” write down.
“Our strategy, to put it simply, is to hurt the Russian economy, always given that President Putin decides to continue his invasion of Ukraine,” he added.
The United States has added Kirill Dmitriev, another ally of Russian President Vladimir Putin, to the sanctions list, along with the direct investment fund he runs.
The announcement comes after joint statements by the US, EU, Britain and Canada over the weekend that they would restrict Russian central bank transactions.
“No country is immune to sanctions, and Putin’s $ 630 billion in cash reserves only matter if he can defend his currency,” another US official said Monday.
Source: Capital
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