CBR classifies statistics on forex OTC market to limit "sanctions influence"

MOSCOW. July 16 (Interfax) - The Central Bank of Russia (CBR) has announced that it is suspending publication of statistics on the over-the-counter forex market.

Publication of daily information on trading volume for U.S. dollars, euros and yuan against the ruble, calculated based on OTC trades with tomorrow delivery has been suspended to limit "sanctions influence," the CBR said in a press release posted on its website.

After the imposition of sanctions against the Moscow Exchange and its National Clearing Center (NCC) and National Settlement Depository (NSD) on June 12 and the subsequent suspension of dollar and euro trading on the exchange, transactions with these currencies continue to be made on the OTC market. In order to determine their official exchange rates against the ruble, the CBR uses bank reporting and information from digital OTC trading platforms.