On Wednesday, the Moscow Exchange (MOEX) announced new restrictions on its trading activities. The exchange revealed that, due to the enactment of U.S. sanctions against its platform, it would stop activity in all trading pairs involving the U.S. dollar and the euro. These measures came into effect on June 13th and affected FX, precious metals, equity, bond, money, and standardized over-the-counter (OTC) derivatives markets. MOEX stressed that in the face of new challenges, it would “continue to provide clients with access to all segments of the trading venue.”
Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions
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