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Russian c-bank issues statement on MOEX trading

Maria Nikolova 0 Comments February 28, 2022

The Central Bank of Russia today announced that trading in the Moscow Exchange Forex, currency, and repo markets is set to start at 10:00am (Moscow Time).

The regulator will decide on whether the rest of the markets should be open depending on how the situation develops. The central bank will announce its decision at 13:00 (Moscow Time). In case of a positive determination, these markets will open at 15:00 (Moscow Time).

Also today, the Central Bank of Russia announced that, effective February 28, 2022, it is implementing a temporary ban for brokerages to accept bids for selling securities on behalf of non-residents.

On Sunday, February 27, 2022, the Central Bank announced that it will resume buying Gold from the Russian market. The purchase price will be determined daily based on LBMA Gold Price AM.

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.