The Central Bank of Russia has banned Russian subsidiaries of foreign banks from refusing to allow customers to make money transfers in foreign currencies or create technical obstacles to such operations, the CBR’s Governor Elvira Nabiullina said at a press conference. This signals more pressure on foreign banks, most notably Austrian lender Raiffeisenbank International (RBI), to continue servicing the Russian economy. They are caught between the rock and the hard place of Russian authorities and Western regulators. As followed by bne IntelliNews, Raiffeisen Bank Russia announced it will cease…