Biden thanks S.Korea for joining Russia sanctions -Blue House

FILE PHOTO: U.S. President Joe Biden speaks as he meets with Finland's President Sauli Niinisto to discuss "Russia's attack on Ukraine, in the Oval Office at the White House in Washington, U.S., March 4, 2022. REUTERS/Evelyn Hockstein

SEOUL (Reuters) -U.S. President Joe Biden has sent a letter of thanks to South Korean President Moon Jae-in for joining financial sanctions and export controls against Russia, Moon's spokeswoman said on Tuesday.

The country began halting transactions with the Russian central bank and immobilising its assets held in won currency from Tuesday, after stopping transactions with seven other Russian banks and their affiliates.