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Article: RUSSIA: PRECEDENT FEARED VIS-A-VIS FREEZING OF CENTRAL BANK ASSETS.(Russian Central Bank)(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- May 25, 2000
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Commenting on the recent decision by banks in Luxembourg, Switzerland, and France to freeze assets of the Russian Central Bank and other Russian businesses, Central Bank Chairman Viktor Gerashchenko told reporters on 22 May that he thinks the Central Bank "will be able to fend off this attack," explaining that the bank's Paris branch will challenge the decision in. Gerashchenko added that the bank's gold and hard- currency reserves were not affected. Former ...