Russia’s central bank will allow a limited number of extra financial market operations over the next two weeks, as it eases restrictions related to the Ukraine crisis.
The Moscow Exchange last traded stocks and bonds on Feb. 25, the day after Russia invaded Ukraine, after which the central bank halted trading as Western sanctions wreaked havoc on markets.
The central bank announced on Friday that trade in OFZ government bonds would resume on Monday. It is unclear when trading in products such as stocks will resume, as the government searches for ways to clear a backlog of transactions while averting a market crash.
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