After the U.S. media reported that the U.S. plans to impose sanctions on Russia’s national debt, the prices of the U.S. dollar and the euro began to rise sharply during trading on the Moscow Stock Exchange.The data from the transaction is as follows website On the exchange, the highest trading price of the U.S. dollar was 77.5 rubles, which was 1.63 rubles higher than the closing price of the previous trading day. The euro exchange rate rose to 92.77 rubles (+1.83 rubles).
As of 10:07 Moscow time, the US dollar exchange rate has slowed down, reported to 76.99 rubles (+1.12 rubles). At that time, the transaction price of a single European currency was 92.22 rubles (+1.28 rubles). In June, the London ICE exchange Brent crude oil futures price reached US$66.5 (an increase of 4.5%), and the May WTI crude oil futures price was US$63 (an increase of 4.7%).
According to the “Wall Street Journal” report, the US authorities will expand restrictions on Americans’ undertaking of Russian government debt operations. After June 14, US financial institutions will not be able to purchase government bonds from the Central Bank of Russia, the Ministry of Finance and the National Wealth Fund. At the same time, US institutions will still be able to trade bonds on the secondary market, while retaining some foreign investment that is important to the Russian economy.
As previously reported by Bloomberg and Reuters, restrictive measures will be taken against Russia’s alleged misconduct, including cyberattacks on government networks through SolarWinds software and attempts to interfere in elections. They can be officially announced before the end of the day.
According to the agency, both individuals and legal entities will be sanctioned by the new US sanctions: government and intelligence officials and dozens of organizations, including companies that conduct business outside Russia for the benefit of Moscow. In addition, measures can be taken against the media. According to Washington, the media spread false information during the 2020 election.