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Sputnik — Russian Central Bank Sees No Risks of Disconnecting Russia From SWIFT

Summary:
The Bank of Russia does not see the risks of disconnecting the country from interbank payment system SWIFT, but if such a scenario is implemented, it will be possible to transfer internal Russian traffic to the Financial Messaging System of the Bank of Russia (SPFS), the bank's first deputy governor, Olga Skorobogatova, said.Cold War 2.0 Watch.Sputnik InternationalRussian Central Bank Sees No Risks of Disconnecting Russia From SWIFT

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The Bank of Russia does not see the risks of disconnecting the country from interbank payment system SWIFT, but if such a scenario is implemented, it will be possible to transfer internal Russian traffic to the Financial Messaging System of the Bank of Russia (SPFS), the bank's first deputy governor, Olga Skorobogatova, said.
Cold War 2.0 Watch.

Sputnik International
Russian Central Bank Sees No Risks of Disconnecting Russia From SWIFT
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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