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International Business Times
International Business Times
Business
AFP News

Russian Stock Market Suspends Dollar Trades After US Sanctions

Washington sanctioned Moscow Exchange, Russia's main stock market and clearing house for foreign currency transactions, a major new financial punishment (Credit: AFP)

Russia's main stock exchange halted dollar and euro trades on Thursday after the United States hit Moscow with a new package of sanctions over its military offensive in Ukraine.

Washington announced Wednesday it was sanctioning Moscow Exchange, Russia's main stock market and clearing house for foreign currency transactions, a major new financial punishment.

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