Russia
Economic sanctions affected Russia since the first day of the invasion, with the stock market falling 39% (RTS Index), with similar falls in the following days. The Russian ruble also fell to record lows, as Russians rushed to exchange money.[383][384][385] Stock exchanges in Moscow and St. Petersburg were suspended until at least 9 March, making it the longest closure in Russia's history.[386] On 26 February, S&P Global Ratings downgraded the Russian government credit rating to "junk", causing funds that require investment-grade bonds to dump Russian debt, making further borrowing very difficult for Russia.[387]
The Central Bank of Russia announced its first market interventions since the 2014 annexation of Crimea to stabilise the market. It raised interest rates to 20% and banned foreigners from selling local securities.[when?][388] According to a former deputy chairman of the Russian central bank, the sanctions put the Russian National Wealth Fund at risk of disappearing.[389] On 28 February, with the value of the Russian ruble and the share prices for Russian equities falling on major exchanges, Moscow's MOEX exchange was closed for the day.[390] As of 28 February, the price of Russia's credit default swaps signalled about a 56% chance of default.[391]
On 27 February, BP, one of the world's seven largest oil and gas companies and the single largest foreign investor in Russia, announced it was divesting from Rosneft.[392] The Rosneft interest comprised about half of BP's oil and gas reserves and a third of its production. The divestment was thought likely to cost the company up to $25 billion and analysts noted that it was unlikely that BP would be able to recover anywhere near the value of Rosneft.[393] The same day, the Government Pension Fund of Norway, the world's largest sovereign wealth fund, announced that it would divest itself from its Russian assets. The fund owned about 25 billion Norwegian krone ($2.83 billion) in Russian company shares and government bonds.[394] The next day, Shell plc also announced that it would be pulling its investments in Russia.[395] On 1 March, the Italian energy company ENI announced that it would cancel its investments into the Blue Stream pipeline.[396] The same day, the world's largest shipping companies Maersk and Mediterranean Shipping Company (MSC) suspended all container shipments to Russia, excluding foodstuffs, medical, and humanitarian supplies.[397][398]
Ukraine
In Ukraine, the National Bank suspended currency markets, announcing that it would fix the official exchange rate. The central bank also limited cash withdrawals to 100,000 hrnia per day and prohibited withdrawal in foreign currencies by members of the general public. The PFTS Stock Exchange stated on 24 February that trading was suspended due to the emergency events.[399]
https://en.wikipedia.org/wiki/2022_R...Ukraine#Russia




nia per day and prohibited withdrawal in foreign currencies by members of the general public. The PFTS Stock Exchange stated on 24 February that trading was suspended due to the emergency events.[399]
Rispondi Citando
