Value of Russian securities frozen by EU is revealed ...News

Russia Today - Economy
Value of Russian securities frozen by EU is revealed
source : Russia Today ( News ) () 1
Euroclear has blocked $27 billion in funds belonging to Russians and $85 billion held by foreign investors Euroclear, one of the world’s largest financial securities transactions companies, has blocked about $27 billion worth of securities belonging to Russians, according to strategists at ITI Capital. Frozen assets held by foreign investors reportedly exceed $85 billion. The Belgium-based settlement and clearing organization announced the suspension of transactions with Russian securities in March. The step came amid Ukraine-related sanctions introduced against Moscow. Later, clearing house Clearstream, which is

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