Russians boost securities investments by $17.6bln in 2020

Retail investors bought foreign currency worth a record $4.87bln in the fourth quarter

  
A man walks past an information screen inside the office of the Moscow Exchange in Moscow, Russia February 28, 2020.

A man walks past an information screen inside the office of the Moscow Exchange in Moscow, Russia February 28, 2020.

Reuters/Maxim Shemetov

MOSCOW - Russian retail investors boosted their holdings of securities - mainly Russian and foreign stocks as well as bonds denominated in foreign currencies - by 1.3 trillion roubles ($17.6 billion) to 5.3 trillion roubles last year, the central bank said.

In a report on Thursday, the bank also said retail investors bought foreign currency worth a record 360 billion roubles in the fourth quarter, which was partly used to buy foreign stocks.

($1 = 73.8940 roubles)

(Reporting by Elena Fabrichnaya Writing by Katya Golubkova; editing by John Stonestreet) ((ekaterina.golubkova@thomsonreuters.com; +7 495 775 1242;))

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