The Russian “National Clearing Center” (part of the “Moscow Exchange” group) decided to convert the currency balances of clients into Russian rubles.

The conversion of US dollars and euros into rubles will be carried out until June 28, 2024 at the central exchange rate set on June 13, the Russian news agency RBC reports .

On June 13, the day after the US imposed blocking sanctions against the Moscow Exchange group, some Russian brokers introduced restrictions on currency withdrawals, and then removed them.

Agency sources on the financial market of the Russian Federation explained that problems with currency balances arose among those brokers who did not have time to withdraw them from their accounts at the NCC before June 12. At the same time, the currency that was in the broker’s account at the time of sanctions was safe.

As reported, the US Treasury Department on June 12 added more than 100 Russian companies involved in Russia’s military-industrial complex to the sanctions list.

The USA also introduced sanctions against the “Moscow Stock Exchange” , it stopped trading in dollars and euros. Due to the increased demand of the population, branches of Moscow banks ran out of cash currency .

The “National Clearing Center” of the Central Bank of the Russian Federation, the “National Settlement Depository”, the Sogaz insurance company, the state-owned “Russian National Reinsurance Company”,

In addition, branches of Russian “Promsvyazbank”, “Vnesheconombank”, “Sberbank”, “VTB” and “VTB Capital Holdings” in China, Kyrgyzstan, India and other countries have been added to the sanctions lists. Джерело: https://biz.censor.net/n3495944

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