1 8 CHILDREN DIE AFTER FALLING FROM HORSE IN MONGOLIA SO FAR THIS YEAR WWW.XINHUANET.COM PUBLISHED:2022/06/30      2 CHINA NODS TO ADD A COAL MINE IN INNER MONGOLIA AS SHORTAGE BITES WWW.SXCOAL.COM PUBLISHED:2022/06/30      3 CHINA FIRST 1 MILLION KW ONSHORE WIND PROJECT LAUNCHES IN INNER MONGOLIA WWW.NEWS.CGTN.COM PUBLISHED:2022/06/30      4 FLIGHTS BETWEEN MONGOLIA AND CHINA TO RESUME WWW.MONTSAME.MN PUBLISHED:2022/06/30      5 SHARES OF STATE-OWNED ENTERPRISES TO BE OFFERED TO PUBLIC THROUGH STOCK EXCHANGE WWW.MONTSAME.MN PUBLISHED:2022/06/30      6 MONGOLIA REPORTS 49 NEW CORONAVIRUS INFECTIONS WWW.AKIPRESS.COM PUBLISHED:2022/06/30      7 MONGOLIA TO STEP UP FIGHT AGAINST FOREST PESTS WWW.XINHUANET.COM PUBLISHED:2022/06/29      8 MONGOLIAN ROCK BAND THE HU UNVEIL UK AND EUROPEAN TOUR DATES WWW.NME.COM PUBLISHED:2022/06/29      9 ULAANBAATAR CITY’S DIGITAL TRANSITION TO BE IMPLEMENTED IN COOPERATION WITH NATIONAL IT COMPANIES WWW.MONTSAME.MN PUBLISHED:2022/06/29      10 IVANHOE ELECTRIC SHARES FALL IN DEBUT AFTER $169 MILLION IPO WWW.MINING.COM PUBLISHED:2022/06/29      14 МЯНГА ОРЧИМ ИРГЭНИЙ НДШ-ИЙН БУЦААЛТЫН ШИЛЖҮҮЛЭГ БУЦЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2022/06/30     МОНГОЛ УЛС ЭДИЙН ЗАСГИЙН ӨРСӨЛДӨХ ЧАДВАРААР 63 УЛСААС 61-Д ЭРЭМБЭЛЭГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2022/06/30     ЖУУЛЧИД ОРОН НУТАГТ АЯЛАХДАА БУУДАЛЛАХ ГЭР ХАМГИЙН ХЯМД НЬ ХОНОГИЙН $17 БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/06/30     ГАШУУНСУХАЙТ БООМТООР ӨДӨРТ НЭВТЭРЧ БУЙ НҮҮРС ТЭЭВРИЙН АВТОМАШИНЫ ТОО 500 ДАВЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/06/30     ЭЗХЯ: ВАЛЮТЫН ГАДАГШЛАХ УРСГАЛ СҮҮЛИЙН 10 ЖИЛИЙН ДУНДЖААР ДНБ-ИЙ 17.3 ХУВЬТАЙ ТЭНЦЭЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/06/30     ИПОТЕКИЙН ЗЭЭЛЭЭР БОРЛУУЛСАН ОРОН СУУЦНУУДЫН 85.7 ХУВИЙГ 80 ХҮРТЭЛХ АМ МЕТР ТАЛБАЙТАЙ БАЙР БҮРДҮҮЛЖ БАЙНА WWW.IKON.MN НИЙТЭЛСЭН:2022/06/30     ХЭРЭГЛЭЭНИЙ БАРАА, ҮЙЛЧИЛГЭЭНИЙ ҮНЭ 15.1 ХУВИАР НЭМЭГДЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2022/06/30     ТӨРИЙН ӨМЧИТ 25 КОМПАНИЙН ХУВЬЦААГ ОЛОН НИЙТЭД НЭЭЛТТЭЙ АРИЛЖИНА WWW.EAGLE.MN НИЙТЭЛСЭН:2022/06/30     УЛСЫН НИЙТ ГАДААД ӨР 33.9 ТЭРБУМ АМ.ДОЛЛАР БОЛЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2022/06/29     "МОНГОЛ УЛСЫН НҮҮРСНИЙ ЭКСПОРТ НЭМЭГДЛЭЭ" WWW.IKON.MN НИЙТЭЛСЭН:2022/06/29    

Russian SWIFT replacement ready for BRICS – Putin www.rt.com

Russian President Vladimir Putin said on Wednesday that banks from BRICS nations can freely connect to the System for Transfer of Financial Messages (SPFS), Russia’s alternative to SWIFT.
While addressing a BRICS business forum, Putin said that together with its partners – Brazil, India, China and South Africa – Moscow is developing reliable alternatives for international payments.
“The Russian system for transmitting financial messages is open to connecting banks from the five countries,” he said, adding: “The geography of the use of the Russian payment system Mir is expanding.”
The Russian president also noted that work is underway to create an international reserve currency based on a basket of BRICS currencies.
SPFS has similar functionality to SWIFT and allows the transmission of messages between financial institutions in the same format. It was created by the Bank of Russia as an alternative to the Belgium-based system in 2014, when Moscow was hit with Western sanctions over the conflict in Ukraine.
In April, Russian Central Bank governor Elvira Nabiullina said most Russian lenders and 52 foreign organizations from 12 countries had received access to SPFS, and that the regulator would keep the identity of payment system members secret.


Published Date:2022-06-23