Sunday, December 4, 2022

Moscow Exchange bans short selling of euro instruments By Reuters

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© Reuters. FILE PHOTO: A board with the logo of the Moscow Exchange is on display in its office in Moscow, Russia March 10, 2020. REUTERS/Shamil Zhumatov

MOSCOW (Reuters) – The Moscow Exchange said on Friday it imposed a ban on short selling of euro currency and stock instruments, in a further move by Russian authorities are taking to stabilise its shattered markets.

Russian markets took a hit from a range of harsh economic and financial sanctions that the West imposed in response to Russia’s invasion of Ukraine.

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