THE ST. PETERSBURG STOCK EXCHANGE RECOGNIZED THE BLOCKING OF INVESTORS' ASSETS FOR $ 3 BILLION DUE TO SANCTIONS

THE ST. PETERSBURG STOCK EXCHANGE RECOGNIZED THE BLOCKING OF INVESTORS' ASSETS FOR $ 3 BILLION DUE TO SANCTIONS

THE ST. PETERSBURG STOCK EXCHANGE RECOGNIZED THE BLOCKING OF INVESTORS' ASSETS FOR $ 3 BILLION DUE TO SANCTIONS
The St. Petersburg Stock Exchange confirmed the blocking of securities of Russians for a little more than $ 3 billion. This is reported by RBC.

"All these securities (worth a little more than $3 billion) were blocked after the introduction of blocking US sanctions on November 2," the St. Petersburg Stock Exchange reported.

The chairman of the Bank of Russia, Elvira Nabiullina, in turn, said that from February to November, Russians significantly reduced their investments in foreign securities - $7 billion to $3 billion. Today, according to the head of the Central Bank, holders of 80% of foreign securities are qualified investors.

25.12.2023