CBR to lift ban on short sales starting on June 1 - market participants

MOSCOW. May 20 (Interfax) - The Central Bank of Russia (CBR) will lift the ban on short selling in the stock market on June 1, Tinkoff Investments and VTB My Investments have reported in their official Telegram channels, citing instructions for professional investors issues by the regulator.

The ban on FX purchases with leverage is also being lifted.

The decision was made "in order to ensure the legitimate interests of investors in financial markets."

Interfax has sent a query to the CBR.