Consequences of sanctions: the losses of the financial sector of the Russian Federation amounted to hundreds of billions - the media

Last month, there was a meeting for high -ranking officials of Russian officials, dedicated to counteracting sanctions. During the presentation, estimates that are previously indicated that the restrictions imposed by the countries of the West have suffered significantly the Russian stock market, bank capital, and remain frozen $ 300 billion in Russian reserve in foreign banks. Journalists refer to anonymous sources that have confirmed the content of the document.

The general consequences of the Russian financial sector from sanctions: the Ministry of Finance of the Russian Federation refused to respond to the request of journalists. During the recent TV, Putin said that Russia has been successfully coping with external pressure and the economy is stabilizing and increasing. Some indicators have improved when compared with the numbers presented during a similar presentation at the end of August.

During the large -scale war in Ukraine, the Mosbiriz index decreased by 20%, and the lowest value of the index was recorded in July - 33%. The Bank of Russia has suspended the publication of bank capital data, which does not allow this data.

The presentation also deals with the sanctions for financial infrastructure, in particular, 80% of the banking sector assets are under sanctions, and it is also mentioned disconnecting from the SWIFT system and the loss of access to important equipment and software. The presentation did not consider broader economic consequences that could push the Russian Federation to the economic downturn and next year. Recall that € 80 million in Russian accounts was frozen in Latvia.