Arnaud Leparmentier (Le Monde)
Published on June 14, 2024 at 10:27. / Modified on June 14, 2024 at 6:00 p.m.
The Moscow Stock Exchange suspended transactions in dollars and euros on Thursday June 13. This is the immediate consequence of the series of sanctions taken by the United States on the eve of the G7 meeting, to stifle the Russian war economy. The United States has threatened to cut off access to the dollar to anyone who passes through the Moscow Stock Exchange, accused of allowing the financing of the Russian military-industrial complex by foreign capital.
“Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, stock exchange transactions and settlements of instruments deliverable in US dollars and euros are suspended,” said the central bank of the Federation of Russia. Exchanges must now take place over the counter, as is already the case for around 60% of transactions.
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