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Russian cbank’s access to BIS services suspended

The Russian central bank was suspended Thursday from the Bank for International Settlements (BIS) amid Moscow’s war on Ukraine, according to a statement.

“The access of Central Bank of Russia to all BIS services, meetings and other BIS activities has been suspended,” a BIS spokesperson said in a statement.

“The BIS is following international sanctions against the Central Bank of Russia as applicable, and will not be an avenue for sanctions to be circumvented,” it said.

Source: Anadolu Agency