Russia Permits Transfers from Blocked Foreign Accounts for Asset Swaps

Imagine some money belonging to people from other countries got stuck in Russia.

Russia's central bank is now letting these people use that money to trade investments with Russian investors.

This should help free up some of that stuck money, and also some investments held abroad that were frozen due to disagreements.

The central bank says this isn't a new way to trade, just a clarification.

The money has to be in special accounts, and the government has to approve all the deals.

One expert says it's still unclear how much this will help the foreign investors because the investments they get might still be hard to access.