Russia’s foreign exchange reserves had to be kept abroad and nothing could have been done to avoid a freeze of the country’s dollar and euro assets, the central bank said in the latest question-and-answer post on its website.

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Rishi Sunak, Penny Mordaunt and Liz Truss are all closing in on the chance to become Britain’s prime minister Conservative MPs wrapped up a fourth round of voting in the party’s leadership contest on Tuesday. Former Equalities Minister Kemi Badenoch was eliminated, and former Chancellor Rishi Sunak is leading the race to replace Prime Minister…