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- U.S., UK could cut companies out of dollar trade
- Johnson questions if Putin is thinking ‘logically’
- UK is centre of global foreign exchange trade
- Many Russian exports are priced in U.S. dollars
LONDON, Feb 20 (Reuters) – The United States and Britain would cut off Russian companies’ access to U.S. dollars and British pounds if the Kremlin orders an invasion of Ukraine, British Prime Minister Boris Johnson said on Sunday.
The United States and Britain have repeatedly cautioned that Russia is about to invade Ukraine, a step Washington and London say would trigger the biggest conflict since the end of World War Two. Russia denies it plans to annex Ukraine.