Russian Prime Minister Dmitry Medvedev warned in January that a European Union proposal to ban Russia from SWIFT due to the conflict in Ukraine would elicit an “unlimited” response from Russia. Photo: Reuters
Russian Prime Minister Dmitry Medvedev warned in January that a European Union proposal to ban Russia from SWIFT due to the conflict in Ukraine would elicit an “unlimited” response from Russia. Photo: Reuters
Peter Guy
Opinion

Opinion

The View by Peter Guy

China’s new payments system points way to de-dollarised world

CIPS is Beijing’s alternative and replacement for SWIFT

Peter Guy
Peter Guy

Updated: 2:42pm, 25 Oct, 2015

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Russian Prime Minister Dmitry Medvedev warned in January that a European Union proposal to ban Russia from SWIFT due to the conflict in Ukraine would elicit an “unlimited” response from Russia. Photo: Reuters
Russian Prime Minister Dmitry Medvedev warned in January that a European Union proposal to ban Russia from SWIFT due to the conflict in Ukraine would elicit an “unlimited” response from Russia. Photo: Reuters
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