SWIFT Archives - Financial Mirror

Sanctions push Russians to seek money transfers

Moscow’s invasion of Ukraine has rightly drawn criticism across the world and caused multiple sanctions against Russia, with a threefold increase in interest to transfer money to secure payments either at home

27th March 2022

Markets/World

DBRS: Russian links threaten Cyprus recovery

Cyprus’ significant links with Russia have increased the downside risks to otherwise strong medium term economic prospects for the island, rating agency DBRS said in a commentary, echoing concerns by local firms

15th March 2022

Cyprus/Economy

EU excludes 7 Russian banks from SWIFT

The EU on Wednesday excluded seven Russian banks from the global SWIFT network, as sanctions were ratcheted up over Moscow’s war on Ukraine. The banks immediately cut out from the secure interbank

2nd March 2022

Business/World

Risk assets slip again on harsher Russian sanctions

By Hussein Sayed, Chief Market Strategist at Exinity US and European equity futures fell dramatically in early Asian trading hours on Monday, along with bond yields, while the dollar and commodity prices

28th February 2022

Markets/World

Ukrainians take to the streets in Limassol

Ukrainian citizens living in Cyprus took to the streets on Friday to demonstrate against Russia’s invasion of their country. More than 100 Ukrainians residing in Cyprus, gathered at the old Limassol port,

25th February 2022

Cyprus/World