The United States, the European Union, Canada and the United Kingdom freeze all assets of the Russian Central Bank and the Russian National Wealth Fund under their jurisdiction, preventing the usage of 39% of Russia's $630 billion of foreign exchange reserves. Japan also agrees to do the same. Due to the sanctions already in place (including trade in gold), Russia may have as much as three-quarters of its currency reserves unusable.
Canada, the European Union, the United KingdomandtheUnitedStates freeze all assets of the Russian Central Bank and the Russian National Wealth Fund under their jurisdiction, preventing the usage of 39% of Russia's $630 billion of foreign exchange reserves. Japan also agrees to do the same. Due to the sanctions already in place (including trade in gold), Russia may have as much as three-quarters of its currency reserves unusable.
Canada, the European Union, the United Kingdom, the United States andJapanfreeze all assets of the Russian Central Bank and the Russian National Wealth Fund under their jurisdiction, preventing the usage of morethanathirdof Russia's $630 billion of foreign exchange reserves.
