In Russia, they discussed the consequences of US sanctions against the Moscow Stock Exchange 06/12/2024, 23:44

Mikhail Delyagin, Deputy Chairman of the State Duma Committee on Economic Policy of the Russian Federation, allowed the introduction of a new format for the Moscow Stock Exchange to operate in dollars after the United States imposed sanctions against the exchange. This was reported by “lenta.ru”.

He emphasized that it is not very clear how dollar trading will be done on the Moscow Stock Exchange, but considering that it takes place within the country, the process can be adjusted and trading will continue.

Delyagin believes this may take some time.

He also expressed the opinion that the Moscow Exchange should trade not in dollars but in “a symbol of the dollar”, which would require some work.

The MP stated that the Moscow Stock Exchange must also make new regulations, otherwise trading will be moved to another platform.

Before that, starting from June 13, the Moscow Stock Exchange will stop Due to US sanctions, it is traded in US dollars and euros. Moscow Stock Exchange emphasized that starting from tomorrow, all instruments will be traded in the foreign exchange market and precious metals market, except for currency pairs consisting of the US dollar and euro.

Bank of Russia press release statedIt was stated that the Moscow Stock Exchange suspended foreign exchange trading in dollars and euros due to the sanctions of the US Treasury.

Putin before statedWestern sanctions hinder Russia.

What are you thinking?



Source: Gazeta

Popular

More from author

Gigi Hadid mocked for wearing a sundress with socks: “She escaped from a mental hospital” 21:39

Supermodel Gigi Hadid stepped out in public wearing a sundress and sneakers over her socks. This was reported by Daily mail. The 29-year-old model wore...

Former footballer “Sparatka” is not sure that Barko can replace Promes in the team 21:48

Former Spartak Moscow player Valery Gladilin said he is not sure whether newcomer Ezequiel Barco can replace Quincy Promes. "Sports Express". "These are different players....

California governor orders homeless camps removed from state streets 9:09 p.m.

California Governor Gavin Newsom has signed an executive order requiring officials to clear the city's streets of homeless encampments, the publication reports San Francisco...

It was learned that the salaries of IT specialists in Russia were cut 16:41

Russian IT specialists started earning less this year. This was reported by DEA News With reference to data from HR holding Ventra. It was noted...