Exchange rates remained stable after the US imposed sanctions on the Moscow Stock Exchange and the National Clearing House, which mediates foreign exchange transactions on the exchange. Sberbank’s press service announced this to socialbites.ca.
The press service explained that this applies to rates both in the SberOnline application and in bank branches, adding: “Both buying and selling exchange rates in Sber are stable, there have been no changes in exchange rate differences since yesterday.”
June 12 USA sanctions imposed Against the Moscow Exchange and National Clearing House (NCC, part of the Moscow Exchange and National Payment Depository (NSD) group). The US Treasury believes that Russian officials’ capital-raising measures on the Moscow Stock Exchange have expanded opportunities. For citizens of the Russian Federation and other countries to increase capital.
site from now on announced Suspension of US dollar and euro trading effective June 13. The Moscow Exchange assured that “they have all the necessary tools” to ensure uninterrupted trading in conditions of increased volatility, including separate auctions and mechanisms to quickly change risk parameters.
Putin before statedWestern sanctions hinder Russia.