Draft decree on the exchange of frozen assets has been prepared

Vladimir Petenyov
News editor
press@blackterminal.com
Government and the Bank of Russia have prepared a draft decree on unblocking a part of foreign assets, which are currently accumulated in C-type accounts, to be exchanged for Russian assets, said Finance Minister Anton Siluanov. At the first stage it is planned to unblock ₽100 billion of assets of retail investors. To date, the assets of more than 3.5 million Russian citizens worth ₽1.5 trillion have been blocked.
MOEX Group (Moscow Exchange)
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