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HomebusinessDespite the economic sanctions on Russia, the buying and selling of Russian bonds continues in New York-world

Despite the economic sanctions on Russia, the buying and selling of Russian bonds continues in New York-world

Entertainment world Entertainment world August 17, 2022

 Despite the economic sanctions on Russia, the buying and selling of Russian bonds continues in New York.

According to the news agency, guidelines were given in July to disinvest from Russian bonds.

Despite the guidelines, banks in New York are buying and selling Russian bonds.

According to the news agency, before Russia's military operation on Ukraine, Russia's debt was 40 billion dollars, half of Russian bonds were purchased from foreign funds, and investors disappeared when the price of Russian bonds fell due to economic sanctions.

According to the report, most American and European investments left after the ban on bonds, but now the big Wall Street firms have cautiously entered the Russian bond market.

According to the news agency, Bank of America, Barclays, Citibank and JP Morgan have refused to comment on this issue.

It is also being said that an opportunity is being given to withdraw capital from investments considered toxic.

It should be noted that due to the attack on Ukraine, Western countries have imposed severe economic sanctions on Russia.

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