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Putin is now isolated from the world more then he has our been. together -- ever been. together -- [applause] together, along with our allies, we are right now enforcing powerful economic sanctions. we are quitting of russia's largest banks and international financial system. we russia's central bank making putin $630 billion war front worthless. we are choking russia's access. [cheers and applause] we are choking russia's access. it will weaken its military for years to come. tonight, i say to russian oligarchs and the corrupt leaders who build billions of dollars of this violent regime,

Steps being taken now to freeze the assets of the russian central bank globally. pressure�*s of central bank had some 630 billion in far reserves. it can only access a small part of that now —— and about pressure�*s central bank. there is very little it can do to maintain. it can introduce capital controls but the likelihood is that when we are seeing on the rouble will only grow but that was not the only big step taken over the weekend, we have the announcement that some russian banks, unspecified as yet, will be excluded from the swift financial messaging system. that is important be...

Machine. —— triple booting's. it would limit �*s reserves estimated at more than $630 billion. 's reserves estimated at more than $630 billion-— 's reserves estimated at more than $630 billion. live pictures from the polish ukrainian _ $630 billion. live pictures from the polish ukrainian border— $630 billion. live pictures from the polish ukrainian border as - $630 billion. live pictures from the polish ukrainian border as a - $630 billion. live pictures from the| polish ukrainian border as a refugee agencies warn up to 4 million people could flee into neighbouring countries. welcom...

May have been is doing so right now. they say she don't want to use all their choices now. this is not a deterrence at all. we really need to hit putin and the russian oligarchs where they live. >> reporter: i don't believe that any degree or amount of sanctions will make any difference or would have made any difference. that's my perspective. putin has a $630 billion piggy bank, a rainy day fund. he has been preparing for dealing with sanctions overle, many years. russia has enormous amount of sanctions on them now. so getting in the mindset of putin, no amount of sanctions is worth his legac...

Estimate around half of russian central bank total international reserves of $630 billion are likely to be frozen by the sanctions. the rouble plunged as much is 30% against the dollar to an all—time low. that reduces the currencies buying fire outside of russia and russia's stock market remained close today. this was the picture in st. petersburg on sunday with queues of people trying to withdraw money from atms. russians are worried that the sanctions will trigger cash shortages, cause banks to limit cash withdrawals and disrupt payment systems. but some people speaking to the media also h...