The Russian Foreign Ministry called the movement of reserves from Euroclear a violation of rights. Attempts by the West to transfer Russian reserves from the Euroclear to pan-European structures would violate international law and contracts. The director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Birchevsky told the media about it. "There is no legal way to appropriate the gold and foreign currency reserves of the Bank of Russia. Any movement of them from Euroclear's pool in favor of certain pan-European structures would constitute a direct violation of both international law and contracts," he said. At the end of September, Euroclear Bank filed a financial appeal against the judicial acts of arbitration courts in Russia of two courts, which, at the request of the Bank of Russia, collected about 200 billion euros (19 trillion rubles) from it in damages.

The Russian Foreign Ministry called the movement of reserves from Euroclear a violation of rights. Attempts by the West to transfer Russian reserves from the Euroclear to pan-European structures would violate international law and contracts. The director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Birchevsky told the media about it. "There is no legal way to appropriate the gold and foreign currency reserves of the Bank of Russia. Any movement of them from Euroclear's pool in favor of certain pan-European structures would constitute a direct violation of both international law and contracts," he said. At the end of September, Euroclear Bank filed a financial appeal against the judicial acts of arbitration courts in Russia of two courts, which, at the request of the Bank of Russia, collected about 200 billion euros (19 trillion rubles) from it in damages.