Dollars and euros can no longer be used for trades on Moscow’s stock exchange. This move was made after the United States placed even more sanctions on Russia.
RT:
The Moscow Exchange (MOEX) suspended trading in dollars and euros on Wednesday, the move having been prompted by a new sanctions package unveiled by the US Treasury earlier in the day.
The suspension affects foreign and precious metals trade as well as stock and money trading on Russia’s largest public trading markets, MOEX noted in a statement. Except for dollars and euros, all other financial instruments remain operational. The derivatives market has also been unaffected by the changes, with trade going on as usual, MOEX noted.
Russia’s Central Bank elaborated on the matter in a separate statement, explaining that “transactions in the US dollar and euro will continue on the over-the-counter market.” To establish exchange rates, the Bank of Russia will be using “bank records and information from digital over-the-counter trading platforms,” the regulator added.
Earlier on Wednesday, the US Treasury Department rolled out a new package of restrictions against Russia, targeting the country’s “foundational financial infrastructure.” Announcing the package, Treasury Secretary Janet Yellen claimed Russia has fully transitioned into a “war economy” and is now “deeply isolated” from the international financial system.
The Jew hag Yellen is just lying about Russia being isolated. They have many trading partners including China and India which represent billions of people just by themselves.
It is the West that is isolating itself from the rest of their world with these retarded decisions and their support of the Jewish terror regime known as Israel.
