Seizure of Russian forex reserves in US would mean ‘declaration of financial war’

Russia's federal budget is prepared for the possible toughening of US sanctions. However, if they include the seizure of Russia's foreign exchange reserves, it would be regarded as a "declaration of a financial war," the Russian finance ministry warns.

"If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism," said Russian Finance Minister Anton Siluanov.

Seizure of Russian forex reserves in US would mean ‘declaration of financial war’