
NEW DELHI: Russia’s removal from the SWIFT network, a crucial messaging system between banks, will not have a catastrophic impact on its economy, says Dr. Suranjali Tandon, Asst. Prof. at the National Institute of Public Finance & Policy. She told StratNewsGlobal that the SWIFT sanctions must be seen in the context of the larger embargoes against Russia since it invaded Ukraine. Listen to this key point she made.