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Putin lets western investors sell some Russian shares ahead of Trump talks

Kremlin decree allows firms including Jane Street, GMO, and Franklin Templeton to offload holdings
The Russian rouble has risen by 36 per cent against the US dollar so far this year

Vladimir Putin has allowed a group of western asset managers and hedge funds to offload Russian securities left in limbo by Russia’s invasion of Ukraine, one day before the Russian leader is due to speak to Donald Trump in ceasefire talks.

Investors including Jane Street, GMO, and Franklin Templeton were approved to sell shares in Russian companies to a US hedge fund called 683 Capital Partners, Putin said in a decree published on Monday.

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