Published 02/28/2022 2:41:34 a.m.

Central banks seen enhancing liquidity after SWIFT ban - Credit Suisse strategist

Summary by Ground News

Western nations announced on Saturday a harsh set of sanctions to punish Russia for its invasion of Ukraine. The sanctions include blocking some banks from the SWIFT international payments system. "Exclusions from SWIFT will lead to missed payments and giant overdrafts," said Credit Suisse's Zoltan Pozsar.

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Central banks seen enhancing liquidity after SWIFT ban - Credit Suisse strategist

NEW YORK - The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to offset missed payments, a Credit Suisse strategist said on Sunday. Western nations announced on Saturday a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments

02/28/2022 2:41:34 a.m.·United Kingdom

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Central banks seen enhancing liquidity after SWIFT ban - Credit Suisse strategist

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Central banks seen enhancing liquidity after SWIFT ban - Credit Suisse strategist

Central banks seen enhancing liquidity after SWIFT ban - Credit Suisse strategist

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