South Korea cuts transactions with Russia central bank

South Korea will cut transactions with Russia's central bank

South Korea has said it will cut transactions with Russia's central bank.

Qazet.az reports that the announcement by the country's foreign ministry marks Seoul's latest move to join Western nations' efforts to impose tough measures against Moscow over its invasion of Ukraine.

The US had earlier banned transactions with Russia's central bank, finance ministry, and sovereign wealth funds.

The European Union has also announced similar measures.