EU excludes 7 Russian banks from SWIFT – Reuters By eren_fxstreet RussianFederation Ukraine Europe Politics
Citing a European Union official, Reuters reported on Wednesday that the EU will exclude 7 Russian banks from the global SWIFT payment system.
"All these banks that we have listed under SWIFT... they are all based on their connection to the state and the implicit connection to the war effort. We have not gone for a blanket ban across the whole banking system," the official told Reuters.This headline doesn't seem to be having a significant impact on the shared currency's valuation. As of writing, theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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