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Difficult to foresee depth of Western sanctions on economy: Russian Deputy PM

Difficult to foresee depth of Western sanctions on economy: Russian Deputy PM

The move to shut down trading in Russian assets are part of wider measures by Moscow to shore up its financial system after Western countries levied a raft of economic sanctions to punish Russia for its invasion of Ukraine.

Difficult to foresee depth of Western sanctions on economy: Russian Deputy PM (Photo: Reuters) Difficult to foresee depth of Western sanctions on economy: Russian Deputy PM (Photo: Reuters)

Russian Deputy Prime Minister Yuri Borisov said on Wednesday it was difficult to foresee the scale and depth of Western sanctions the Russian economy in response to Moscow's military campaign in Ukraine, the Interfax news agency reported.

Western countries have taken unprecedented measures to isolate Russia's economy and financial system over its invasion of Ukraine, including sanctions on its central bank and the exclusion of some of its lenders from global payments system SWIFT.

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