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The Moscow Exchange will from yesterday allow trading in debt securities for investors from countries that haven’t joined sanctions imposed by the US and its allies, ending a nearly six-month freeze implemented after the start of the special military operation in Ukraine.
The resumption won’t extend to clients from “unfriendly” countries, who remain subject to capital controls banning foreigners from selling or collecting payments on local securities. The group — which includes nations from European Union members to Canada and Japan — accounted for around 90 percent of total portfolio investments into Russia as of last year.
Saudi billionaire Prince Alwaleed Bin Talal invested more than $500 million in Russian firms in the days around the beginning of Moscow’s special military operationUkraine, according to a stock exchange filing.
Russian forces shelled Kharkiv, Ukraine’s second-largest city, again overnight, according to local authorities. Fighting continues in Ukraine’s eastern Donbas region.
Ukrainian partisans destroyed a railroad bridge near the Russian-occupied city of Melitopol in the southeast, according to its exiled mayor, Ivan Fedorov. — Bloomberg.
Online Reporter