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.
Russia Shuts Down Dollar And Euro Trading After Sweeping Us Sanctions Take Aim At Moscow's Financial Lifelines
fdemott@insider.com (Filip De Mott), Business Insider
Thu, 06/13/2024 - 11:50am
Topics: getty imagesrussia cold war trades russia's national clearing center national settlement depository ukraine financial times moex sberbank bloomberg china beijing ft business insider moscow us russia russian russians russia's chinese sanctions aim dollar and euro trading exchange lender currency lenders central foreign halted package support over-the-counter selling higher market local transactions yuan
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