Switzerland reveals value of frozen Russian state assets

May 12th 2023 10:22am EDT

Bern will report on Moscow’s reserves every three months, the government has said   Assets and reserves belonging to the Bank of Russia worth 7.4 billion Swiss francs ($8.3 billion) are currently held in Switzerland, the State Secretariat for Economic Affairs (SECO) reported on Wednesday. The government said the sum represents all central bank reserves […]

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