After being included in the SDN list on June 12, the Moscow Exchange was deprived of the ability to operate in dollars and euros, and trading in these currencies was stopped from June 13.
The Moscow Exchange announced the forced conversion of dollars and euros into rubles. The Moscow Times writes about it.
It is reported that the Moscow Exchange, which fell under US sanctions, will fulfill its obligations to brokers and their clients and return currency balances in rubles.
It was noted that after being included in the SDN list on June 12, the exchange was deprived of the ability to operate in dollars and euros, and trading in these currencies was stopped from June 13.
“Moscow Exchange aims to properly fulfill its obligations to all trading participants and their clients, despite the introduction of restrictive measures by the United States,” the trading platform said.
It is reported that the conversion of US dollars and euros into rubles and the fulfillment of obligations will be carried out before June 28, 2024 at the central rate established on June 13, 2024 based on the results of exchange trading on June 11, 2024.
Let’s recall that on June 12, the Moscow Exchange, the National Clearing Center and the National Settlement Depository were included in the US sanctions letter. Following the United States, Great Britain introduced sanctions against the Moscow Exchange.
Source: korrespondent
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