SPB Exchange evaluated the volume of funds not subject to sanctions

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St. The St. Petersburg Stock Exchange estimated the volume of customers’ foreign currency not subject to sanctions at 5.9 billion rubles. In this respect says in the trading platform message.

St. Clients of the clearing and clearing infrastructure of the St. Petersburg Stock Exchange have access to funds in foreign currencies such as US dollars, Hong Kong dollars, yuan and tenge. The press release stated that the volume of this currency is equivalent to 5.9 billion rubles at the exchange rate of the Central Bank of the Russian Federation as of November 27, 2023, accounting for 31.05% of the total amount of customer funds.

It was distributed among brokers according to the amount of money in their accounts.

As stated in the message, customers will be able to withdraw the money they receive in this way only in rubles. For other assets, foreign counterparties are not yet available in St. It does not process orders from the St. Petersburg Stock Exchange. It will be temporarily transferred to non-commercial sections as of November 28.

2 November St. Petersburg Stock Exchange hit Under US blocking sanctions, trading in foreign securities was subsequently suspended. OFAC has issued a license to cease operations on the exchange through January 31, 2024.

Previously at Bank of Russia appreciated St. The “bankruptcy” of the St. Petersburg Stock Exchange.

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