The Central Bank has prepared a plan in case of cancellation of exchange trading in the dollar

The Central Bank has prepared a plan in case of cancellation of exchange trading in the dollar

[ad_1]

The Central Bank (CB) and market participants have developed an action plan in case the National Clearing Center (NCC) is included in the US sanctions list, said Elizaveta Danilova, director of the Central Bank’s financial stability department. She did not provide details of these plans.

According to Ms. Danilova, if dollar settlements on the stock exchange are not possible, then the Central Bank has “its own plans, how to calculate the exchange rate and so on.” “These risks are always in our work, we understand that they are always discussed, so NCC also has plans, we have plans, banks have plans on how to act in this situation,” she said on the sidelines of the banking forum “Treasury ” (quote from “Interfax”).

In June the European Union introduced sanctions against the National Settlement Depository (NSD). With him allowed settlements if NSD does not benefit. The amount of blocked securities of Russian residents due to sanctions is about 6 trillion rubles. USA September 15 turned on to the sanctions list of former and current NSD leaders Eddie Astanin and Viktor Zhidkov. Moscow Exchange does not excludethat sanctions will also be imposed against her and the NCC.

Details – in the material “bm” “Mosbirzha sorts out scenarios”.

Laura Keffer

[ad_2]

Source link