The Bank of Russia has banned brokers from selling securities by non-residents starting today in a bid to shield the nation’s assets from sweeping Western sanctions that include penalties on the central bank.
LONDON DAILY ARCHIVE
The Moscow Stock Exchange prohibits foreign investors from selling securities
As of today, the Central Bank of Russia imposes a temporary ban on brokers conducting securities sales on the Moscow Stock Exchange held by foreign investors.
28 February 2022 · 05:46 UTC
