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U.S. sanctions: Moscow Exchange suspends trading in dollars, euros

The United States included Moscow Exchange in the sanctions list. In this regard, today, June 13, trading in dollars and euros will cease, RBK reports.

According to the media outlet, trading on the foreign exchange market and the precious metals market is carried out on all options, except for currency pairs with the U.S. dollar and euro.

Trading on the derivatives market will be conducted as usual.

The U.S. Department of Treasury announced on June 12 that it plans to expand the list of Russian companies that will be affected by secondary sanctions by almost four times.

The Central Bank of the Russian Federation noted that transactions with the dollar and euro after U.S. sanctions will continue to be made on the over-the-counter market, and Russians will be able to continue to buy and sell these currencies through Russian banks.

It became known that the U.S. Department of Treasury authorized transactions with the Moscow Exchange, its group member National Clearing Center (NCC), as well as with the National Settlement Depository (NSD) until August 13, 2024. The department’s website says.

Another license allows to carry out operations with NCC related to oil, petroleum products, gas and other energy sources until November 1 this year.

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