Western officials call for freeze of Bank of Russia’s overseas assets

Elvira Nabiullina
Bank of Russia governor Elvira Nabiullina
Kremlin

Senior officials from the US, UK and Canada made statements supporting severe sanctions against Russia’s central bank, including freezing its assets held overseas.

A Deutsche Bundesbank spokesman said that if the institution held any Bank of Russia assets, they had been frozen. The comment appears to indicate that sanctions against the Russian central bank have already led to accounts being frozen.

European leaders also signalled that they would support moves to limit Russian banks’ use of the

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