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More like a delay to get everything worked out there isn’t a button to push to cut a country off SWIFT each institution with access to SWIFTnet would have to do
by dogma1138 5y ago
More like a delay to get everything worked out there isn’t a button to push to cut a country off SWIFT each institution with access to SWIFTnet would have to do it on their end.
Russia has huge foreign currency reserves this is the main goal of this sanction it would prevent them from using their reserves to sustain their own economy whilst their own currency collapses.