17:14, 12 June 2024Source:
The Moscow Exchange will stop trading dollars and euros from June 13. This is stated in the organization’s message.
The announcement of the suspension of trading followed the announcement of a new package of sanctions from the United States. The Moscow Exchange, the National Clearing Center and the National Settlement Depository, which act as intermediaries in dollar trading on the Russian foreign exchange market, were included in the new sanctions list.
The Central Bank of the Russian Federation, in turn, announced that transactions with the dollar and euro will continue to be made on the over-the-counter market.
“Companies and individuals can continue to buy and sell US dollars and euros through Russian banks. All funds in US dollars and euros in the accounts and deposits of citizens and companies remain safe. For deposits and accounts of citizens and organizations in US dollars and euros, the previous regime for issuing funds established by the Bank of Russia is maintained,” the regulator said in a statement.
In addition to the Moscow Exchange, the new US sanctions list includes more than 300 companies.
In November 2023, the US Treasury introduced blocking sanctions against St. Petersburg Exchange, the main platform for trading foreign shares in Russia. Since then, trading in American and European securities has been virtually impossible on the territory of the Russian Federation.
(C)MEDUZA 2024
Translated: The Rouble is in free fall.
The beginning of the end for mafia land’s economy.
Agreed. And add the screening of international calls and adding on restrictions to NGO’s. And that’s just this week! Are these Putler’s pre-suicidal spasms?
Maybe they are. Extreme situations often provoke extreme measures.