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Author: Christopher Kenneth

Economy

The Kremlin’s DOM.RF State Corp raises RUB 25bn via IPO

The successful IPO placement has valued the capitalization of the state-owned company at 315bn rubles, while its shares, now publicly traded on the MosEx under the DOMRF ticker, have been included in the exchange's Level 1 quotation list...

Business & Finance

Kremlin guarantees nonresidents’ new investments in Russia

The new decree provides a clear guarantee to foreigners, investing in the Russian stock market, primarily portfolio investors, to freely withdraw their capital from Russia at any time, without restrictions and irrespective of their countries of origin...