Japan's Prime Minister Fumio Kishida announced sanctions against Russia's central bank. Japan will also impose sanctions on financial institutions in Belarus, and individuals, including President Alexander Lukashenko.
Elvira Nabiullina, the governor of the Bank of Russia said in a statement that, as a result of international sanctions, “The conditions for the Russian economy have altered dramatically. The banking sector is now experiencing a structural liquidity deficit.”
Related sanctions news for Tuesday, March 1: