2022.02.27 18:13 GMT+8

Why excluding Russia from SWIFT is considered 'nuclear option'

Updated 2022.02.27 18:13 GMT+8
CGTN

The United States, European Union, United Kingdom and Canada have issued a joint statement excluding a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global banking messaging system. What is SWIFT and how powerful is this move?

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