Russia Temporarily Bans Nonresidents From Selling Securities

(Bloomberg) — Russia’s central bank has told brokers to temporarily not fulfill orders to sell securities by nonresidents starting today, according to a website statement.

The central bank also said the currency and repo markets would open at 10 a.m., while it would assess whether to open other markets later. If a decision to open is made, it will be at 3 p.m. Moscow.

Contact editor Michael Bellart (michaelbellart@caixin.com)