Russia uses RMB to offset external sanctions and avoid the risk of sanctions. Isn't the west in a hurry? Russian Finance Minister Lu Si Anoff said in an interview with the media that part of Russia's gold foreign exchange reserves are held in RMB, which avoids the risk of western sanctions, which makes some countries feel uneasy and want to limit Russia's foreign exchange reserves in China by putting pressure on China.

According to the announcement issued by the United States and the European Commission, France, Germany, Italy, Britain and Canada on February 26th, some special banks in Russia are prohibited from using SWIFT services. This is regarded as a "famous brand" for western countries to impose sanctions on Russia in view of Ukraine's predicament. According to the report of American National Radio, SWIFT is also controlled by the central banks of western countries such as Belgian National Bank, Federal Reserve System and European Central Bank.

There are more than 65,438+0.10 million in many countries and regions, and financial institutions use the communication services provided by SWIFT. Last year, the organization transmitted an average of 42 million pieces of information every day, including foreign currency exchange, transfer transactions between financial institutions or between banks and users, and property transaction order information. According to the detailed introduction of SWIFT Association of Russia, about 300 financial institutions in Russia use SWIFT service programs, and the number of users is second only to that of the United States. More than half of the financial institutions in Russia are SWIFTvip members.

After 20 14 Crimea dilemma, the United States and Europe once threatened to use this sanction against Russia. At that time, the Russian side warned that this was equivalent to a war with Russia, and the western countries were finally idle. Nowadays, western countries resort to this kind of sanctions called "nuclear weapon" option, which has caused great shock in the sales market.

Russian Central Bank The Russian Central Bank issued a statement on February 27, saying that Russia has the necessary resources and special tools to maintain financial stability and will ensure the circulation of ruble cash and monetary goods in various financial institutions. However, this countermeasure has not eliminated investors' concerns. The exchange rate of Russian national currency ruble hit a record low when the stock market opened in the new trading week. Statistics show that on February 28th, the exchange rate of the US dollar against the ruble soared by more than 40%, reaching a record 1 to 1 19. Since February, the exchange rate of the US dollar against the ruble has risen by about 50%.

Nabiulina, governor of the Russian central bank, said on February 28th that the rapid development of China's financial infrastructure in Russia can ensure its "uninterrupted operation". Russia has developed and designed the financial information content delivery system software (SPFS), which can replace the SWIFT payment platform in the region, and overseas participants can also connect with the SPFS system software. China's debit card system software can now solve the business process of debit card trading in Russia, and international payment platform cards sold by sanctioned financial institutions can also be used routinely in Russia.

Authorization to sell Russian commercial paper. Earlier in the day, the Russian central bank announced that it would raise the benchmark lending rate to 20%. The central bank said that the external standards encountered by Russia's economic development have undergone drastic changes, and raising the benchmark loan interest rate can guarantee the interest rate of time deposits, thus solving the risks of falling prices and inflation, maintaining financial and price stability, and safeguarding people's deposits.