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US, UK, Europe, Canada to block Russia's access to SWIFT: Report

US, UK, Europe, Canada to block Russia's access to SWIFT: Report

The measures, which will also include restriction on the Russian central bank's international reserves, will be implemented in the coming days, the nations said in a joint statement.

Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25,2022. (Photo: Reuters) Swift logo is placed on a Russian flag are seen in this illustration taken, Bosnia and Herzegovina, February 25,2022. (Photo: Reuters)

The United States, Britain, Europe and Canada on Saturday moved to block Russia's access to the SWIFT international payment system as part of another round of sanctions against Moscow as it continues its assault against Ukraine.

The measures, which will also include restriction on the Russian central bank's international reserves, will be implemented in the coming days, the nations said in a joint statement.

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Published on: Feb 27, 2022, 8:52 AM IST
Posted by: Manali, Feb 27, 2022, 8:47 AM IST