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In response to a new round of sanctions on the BRICS nation, Russia’s Moscow Stock Exchange has halted all trading in the US dollar and Euro. The leading financial marketplace in the BRICS 2024 chairmanship nation had also stated that both share trading and money market trade in both currencies would also stop.
The halt was implemented ***owing the US Treasury Department’s newly implemented financial penalties on Russia. Specifically, the agency sanctioned more than 300 entities, while noting it is taking a “sweeping aim at the foundational financial infrastructure” of the country in a recent press release.
watcher.guru
BRICS: Russia’s Moscow Stock Exchange Halts US Dollar, Euro Trading
In response to a new round of sanctions on the BRICS nation, Russia’s Moscow Stock Exchange has halted all trading in the US dollar and Euro. The leading financial marketplace in the BRICS 2024 chairmanship nation had also stated that both share trading and money market trade in both currencies would also stop.
The halt was implemented ***owing the US Treasury Department’s newly implemented financial penalties on Russia. Specifically, the agency sanctioned more than 300 entities, while noting it is taking a “sweeping aim at the foundational financial infrastructure” of the country in a recent press release.
![watcher.guru](https://watcher.guru/news/wp-content/uploads/2023/07/Putin.jpeg)
BRICS: Russia's Moscow Stock Exchange Halts US Dollar, Euro Trading
***owing new sanctions imposed on the BRICS nation, Russia's Moscow Stock Exchange has officially halted trading in the US dollar and Euro
![watcher.guru](https://watcher.guru/news/wp-content/uploads/2023/07/cropped-logo_512x512-32x32.png)