July 1, 2014 / 3:12 PM / in 4 years

Russian central bank decides to sell Moscow Exchange shares

MOSCOW, July 1 (Reuters) - Russia’s central bank has taken a decision to sell ordinary shares it held in the Moscow Exchange , the bank said in a statement on Tuesday.

The bank said that the sale is aimed at fulfilling a federal law from 2013 that envisages the central bank selling out completely from the exchange by 1 January 2016. (Reporting By Jason Bush)

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