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Biden confirms G7 to impose ban on Russian gold imports

by The Kyiv Independent news desk June 26, 2022 10:40 AM 1 min read
This audio is created with AI assistance

U.S. President Joe Biden said on June 26 that the G7 countries will ban imports of Russian gold, which is “a major export that rakes in tens of billions of dollars for Russia.” Gold is a crucial asset for Russia's central bank, which has restricted access to some of its assets abroad because of the Western sanctions.

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