Market price of key Russian companies on world exchanges 2022

The European Union and the U.S. sanctions have led to a decline in the market value of the largest Russian companies on global stock markets. For example, on February 28, 2022, Sberbank Russia lost more than 67 percent on the Multi Commodity Exchange of India, and Yandex on the New York Stock Exchange lost more than 59 percent of its market value.
Russia's central bank, the Central Bank of Russia (CBR), acknowledged that the banking sector had lost liquidity and increased interest rates from 9.5 to 20 percent. In addition, the government introduced capital controls by ordering every private company to sell currency to the Bank of Russia and prohibited residents from making foreign transfers.