Russian-Ukrainian negotiations, currency restrictions in Russia and sanctions against oligarchs The main event of the day was an attempt by Russian-Ukrainian negotiations on the Belarusian border. There was no loud break, but so far it has not been possible to agree on anything - and already half an hour after the end of negotiations in Kyiv, powerful explosions were again heard.

The Russian and Ukrainian delegations completed the first round of negotiations to resolve the conflict. As said one of the members of the Ukrainian delegation, Mikhail Podolyak, , the parties identified a number of priority topics on which they outlined certain decisions. They will leave for their respective capitals for consultation before the next round, which will take place in the coming days, he said.

President Vladimir Putin has banned Russians from crediting foreign currency to their accounts (does not apply to correspondent accounts) and deposits in foreign banks and brokers, follows from the decree of the head of state on counter-sanctions. At the same time, transfers without opening a bank account using foreign payment systems are prohibited.

After the collapse of the Russian stock market on Thursday, due to the start of the Russian military operation in Ukraine on Friday, the indices began to recover, and some brokers already recommended buying cheaper papers. We say that in this regard it is worth knowing about the assessment of the risks of developing countries and the Russian market, in particular. This article was written specifically for our new newsletter “Bell. Investments”. She comes out on Fridays. Subscribe!

Billionaire Roman Abramovich is in Belarus and assists in negotiations between Russia and Ukraine, writes the Israeli newspaper Jerusalem Post. As producer Alexander Rodnyansky, who is familiar with Ukrainian President Volodymyr Zelensky, told the publication, the Ukrainian side turned to him with a request to help resolve the conflict. Rodnyansky, he said, spoke to Abramovich, who decided to try to help resolve the situation.

In an effort to stop the inevitable collapse of the ruble in connection with the imposition of sanctions against the reserves of the Bank of Russia, he went on an emergency increase in the key rate to a record 20%, temporarily banned brokers from selling securities to foreigners and, in a joint decision with the Ministry of Finance, obliged exporters to sell 80% of foreign exchange earnings.

Simple, one of the largest alcohol suppliers in Russia, has decided to stop shipments due to the euro surge. this The restaurateur Stanislav Lisichenko announced on Telegram. “From today and for an indefinite period, Simple is suspending shipments of all products (both for organizations and individuals) due to a sharp rise in the euro,” he wrote. RBC source in the restaurant market confirmed the stop.

Russia's invasion of Ukraine has triggered political unrest and economic pain in Russia. And the country is being isolated by Western sanctions. After four days of fighting in Ukraine, we look at the major political and economic fallout for Russia. Reaction to war Publicly, there have been almost no dissenting voices raised against the military operation in Ukraine among the Russian political and business elite, which seems to be acting in lockstep with the president.

Hello! This week, Russia invaded Ukraine. Like most others in Russia, we doubted President Vladimir Putin would actually take such a momentous step — but he did. It will lead to enormous bloodshed, and have far-reaching political and economic consequences. The military situation in Ukraine is fast-moving and, as we do not have any reporters on the ground, we will focus on developments inside Russia, particularly the economic fallout.

From February 28, 2022, the Ministry of Finance and the Bank of Russia obliged Russian participants in foreign economic activity to sell 80% of foreign exchange earnings. According to VTB Capital analysts, with the price of oil, metals and other raw materials dominating today, in 2022 export revenue will amount to about $600 billion in goods, and $50 billion in services.

The ruble fell sharply against the dollar and the euro on Monday morning. Immediately after the opening of trading on the Moscow Exchange, the dollar and the euro hit the upper limits of the price corridor. At the moment, the dollar reached 117 rubles, the euro exceeded 132 rubles. Trading on the Moscow Exchange began at 10.00 Moscow time. The morning session has been cancelled .

On February 28, the Board of Directors of the Bank of Russia decided to raise the key rate from 9.5% to 20% per annum. This is a record value since 2013, when the Central Bank introduced the key rate as the main indicator. External conditions for the Russian economy have changed dramatically, the regulator stated. An increase in the key rate "will help maintain financial and price stability and protect citizens' savings from depreciation," follows from the message of the Central Bank.

Over the weekend, Russia, which continues its "military operation" in Ukraine, faced the toughest sanctions in history, including an air blockade and the restriction of central bank reserves. The regulator responded by raising the key rate to 20% and banning the sale of Russian shares by non-residents. The forex market opened Monday with the dollar at 115 rubles and the euro at 128 (around 08:00 Moscow time), which means a fall by a third to Friday's levels.

the Bank of Russia introduces From February 28, 2022, a temporary ban on brokers from executing transactions to sell securities on behalf of foreign clients. This is an attempt to mitigate the inevitable collapse of the ruble in connection with the imposition of sanctions against the reserves of the Bank of Russia. The sale of bonds and shares by foreigners affects the foreign exchange market, as investors exchange rubles received for assets for foreign currency.

The Moscow Exchange, by decision of the Central Bank, will begin trading on the currency and money markets at 10:00 Moscow time on February 28. Morning session (7:00) - cancelled. On the night of February 28, the European Union blocked the reserves and assets of the Bank of Russia. Rates on the over-the-counter Forex market as of 7:05 Moscow time (the main reference point for the ruble exchange rate is currency trading on the Moscow Exchange): Dollar — 107.68 rubles. Euro -122.15 rubles.