Most Popular
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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Debate rages over ‘overly fatty’ samgyeopsal
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[Weekender] Korean psyche untangled: Musok
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40 flights canceled on Jeju Island due to bad weather
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N. Korea slams US, other countries for seeking alternative to UN sanctions monitoring panel
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[Eye Interview] 'If you live to 100, you might as well be happy,' says 88-year-old bestselling essayist
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Pandemic left Korea more depressed than before: report
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Gov't appears to shelve punitive measures against mass walkout by doctors
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From fake prostitution ring to nonexistent robber, prank calls hamper police
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Missing S. Korean traveler in Paris found safe after 2 weeks
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S. Korea joins global move to suspend transactions with Russia's central bank
By YonhapPublished : March 7, 2022 - 13:32
South Korea said Monday it plans to suspend transactions with Russia's central bank, joining the global move to impose additional sanctions against Moscow over its invasion of Ukraine.
The government said it will announce details after consulting with related government agencies.
The US has banned transactions with Russia's central bank, the finance ministry and sovereign wealth funds as part of fresh sanctions against Moscow. The European Union also announced similar sanctions.
South Korea has joined the multinational sanctions against Russia, including export control and the removal of Moscow from the SWIFT global payment system.
In a related move, South Korea has decided to suspend transactions with seven major Russian banks and effectively ban investments in Russian government bonds. (Yonhap)
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