Russia's National Settlement Depository says Clearstream is blocking its account -Ifx

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A Russian rouble banknote is seen in front of a descending stock graph in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration

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March 25 (Reuters) - Russia's National Settlement Depository (NSD) on Friday said Clearstream, one of the world's biggest settlement systems, had informed it that it was blocking its account and waiting for a decision from regulatory authorities in Luxembourg, Interfax reported.

Clearstream and Euroclear are no longer accepting Russian assets, effectively shutting off an exit route for overseas investors. read more

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Reporting by Reuters; editing by Jason Neely

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