MOSCOW—Foreign investors are effectively stuck with their holdings of Russian stocks and rouble-denominated bonds after the central bank put a temporary halt on payments and major overseas’ settlement systems stopped accepting Russian assets. Moscow is blocking foreign investors, who hold tens of billions of dollars worth of Russian stocks and bonds, from exiting after its…
Russia Bans Payments to Foreigners Holding Rouble Bonds, Shares
March 2, 2022
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Rouble Slips Again, Swiss Franc Hits Seven-Year High
LONDON—The rouble fell further on Tuesday after partly recovering some ground, while the dollar edged higher and the Swiss franc hit a seven-year high, as investors sought out the safe-haven currency while waiting for developments in Ukraine. Financial markets have been rocked in recent days by Russia’s invasion of Ukraine, and the resulting Western sanctions…
Rouble Steadies Versus Dollar in Moscow, Hits Record Low Outside Russia
The Russian rouble slid more than 15 percent against the dollar and euro at market opening in Moscow on Monday but central bank intervention arrested its fall, after it tumbled to a record low in Asian trade as harsh new sanctions were slapped on Russia. At 0800 GMT the rouble was trading at 95.48 to…
Rouble, Russian Stocks Pare Heavy Losses After Putin Sends Troops to Ukraine
MOSCOW—The rouble rebounded from a near two-year low and shares in major Russian banks leapt on Tuesday after Britain announced the first but relatively modest sanctions after Moscow recognized two breakaway regions in eastern Ukraine as independent. The rouble on Monday suffered its biggest one-day drop since the outbreak of the COVID-19 pandemic after President…
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