Southern African reserve bank warned about consequences of support Russian Federation

The current position South Africa on the military conflict in Ukraine poses threat for financial stability of the country — if it is suspected of support by Russian Federation, consequences will appear the most serious. Southern African reserve bank in the review to which Federal state unitary enterprise RAMI "RIA Novosti" refers. Experts of the organization noted that the neutrality South Africa is even more often called into question that can lead to secondary sanctions from the western countries. Such blow will make impossible functioning of a financial system of the republic as it will not be able to register the international payments in dollars. One of...