Suspended dollar and euro trading on Moscow Exchange produces relatively calm first day after expanded U.S. sanctions
Maxim Shemetov / Reuters / Scanpix / LETAPassers-by at the Moscow Exchange office in Moscow on June 13, 2024 On June 13, the Moscow Exchange suspended trading in the U.S. dollar, the euro, and the Hong Kong dollar after the U.S. Treasury Department levied sanctions on the exchange itself and its subsidiary, the National Clearing Center. On day one of this new reality, the Russian market remained remarkably calm in response to the new restrictions.