"We will prepare lawsuits": the Bank of Russia is going to challenge the freezing of gold and foreign exchange reserves in court
The head of the Central Bank, Elvira Nabiullina, announced plans to challenge in court the decision of Western countries to freeze Russia's gold and foreign exchange reserves. As the chairman of the Central Bank clarified, the regulator will prepare lawsuits and is going to file them. According to experts, foreign organizations acted in accordance with the sanctions, but did not have legal grounds for blocking Russian money. Against this background, the Central Bank has a chance to unfreeze its funds, experts say. Otherwise, the Central Bank will have the legal right to retaliate and block...