Comment on Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines

Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines

The Wednesday party took place in Moscow.Getty ImagesRussia's Moscow Exchange halted dollar and euro trading on Thursday.That's after the US announced a broad sanctions package, which included the central exchange.Although Russians can still buy dollars over-the-counter, this will make exchange rates pricier.Russia's central exchange has barred dollar and euro trading, spelling an end to a market that's been open since the Cold War.

 

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