Impact of Russian sanctions will take time to unfold

Economic sanctions against Russia and Belarus will likely remain in place for some time, but the West may have to hold its breath until the effects reach their full extent

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Two of the seven USD Libor maturities discontinued at the end of 2021, and the other five – overnight, one, three, six and 12 months – will follow in June 2023, we surveyed the market to gauge readiness