Moscow-Sana
The Russian Central Bank announced its intention to file a lawsuit to overturn the West's decision to freeze part of Russia's World Bank reserves, pointing out that this decision prompted the Central Bank to apply additional criteria in order to control the exchange rate of the Russian currency.
"This is an unprecedented freezing of gold and foreign exchange reserves, and we will prepare legal cases and prepare to file them because the move is unprecedented on a global scale," Bank President Elvira Nabiullina told the Russian parliament, the Duma, today, according to TASS.
After the start of the Russian military operation in Ukraine, Western countries, including the European Union, imposed several packages of economic sanctions on Moscow, including freezing Russia's international reserves worth $300 billion.
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