Money Wars: Will Russia Ditch The Pound If UK Bans Eurobond Sales?

SPUTNIKNEWS – April 1, 2018: In a sign of its political standoff with Moscow spilling over into the realm of finance, Britain wants to prevent the placement of Russian Eurobonds, which have helped bring tens of billions of dollars into the Russian budget.

Is this threat real and if so, how will Russia’s Central Bank respond to it? Sputnik correspondent Natalya Dembinskaya tried to find out.

Financial Sanctions

According to The Guardian, Prime Minister Theresa May is considering a proposal to ban the sale of Russian bonds through the London clearing house.

END

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