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Month: February 2022

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Russias VTB Bank Asks Customers to Avoid Conducting Forex Transactions

2022-02-28 admin 0

  VTB tries to safeguard its customers from increased transaction costs.   The Ukraine crisis has caused several challenges in the Russian financial market.   The Ukraine crisis […]

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Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

2022-02-28 admin 0

  The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block […]

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C$ notches weekly gain as ‘panic moment’ passes on Ukraine

2022-02-28 admin 0

  The Canadian dollar rallied against the greenback on Friday as traders walked back some of the large moves seen the day before in reaction to […]

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BoEs Mann: inflation fears drove vote for half point rate hike

2022-02-28 admin 0

  Bank of England policymaker Catherine Mann said she voted for a half percentage point rise in interest rates this month because she saw little sign […]

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Rakuten Enters NFT Space, Introduces New Marketplace

2022-02-28 admin 0

  Rakuten NFT offers a diverse range of non-fungible tokens.   The company is planning to facilitate its clients through innovative services.   Q4 2021 volumes have gone […]

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Will Russia switch to cryptocurrencies if SWIFT blockade is implemented?

2022-02-28 admin 0

  With the restrictions imposed by the US and other countries against the Russian banking system, and the possibility of Russia being excluded from the SWIFT […]

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Euro crawls back as market weighs impact of sanctions, invasion

2022-02-28 admin 0

  The euro edged up on Friday following Thursday‘s sharp declines in the wake of Russia’s invasion of Ukraine.   The dollar edged lower against most currencies […]

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Fed's Waller Says Bigger Rate Hike In March May Be Needed

2022-02-28 admin 0

  Federal Reserve Governor Christopher Waller said Thursday he is willing to support a half-point interest rate hike at the central bank's next meeting in March […]

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Analysis-SWIFT block deals crippling blow to Russia; leaves room to tighten

2022-02-28 admin 0

   A decision by Western allies on Saturday to block “selected” Russian banks from the SWIFT payments system will inflict a crippling economic blow, but […]

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Ukraine and Russia: What you need to know right now

2022-02-28 admin 0

  Heres what you need to know about the Ukraine crisis right now:   HEADLINES   Russia attacked Ukrainian oil and gas facilities, sparking huge explosions, and some […]

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