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Moscow Exchange to stop trading in dollars after latest US sanctions

Posted on AllSides June 12th, 2024
From The Center

MOSCOW, June 12 (Reuters) - Russia's leading financial marketplace, the Moscow Exchange, said it would cease foreign exchange trading in dollars and euros in response to a major new round of sanctions imposed by the United States on Wednesday.

The exchange also said share trading and money market trades settled in dollars and euros would cease.

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