Russia's Moscow Exchange halted dollar and euro trading on Thursday.
AdvertisementRussia's central exchange has barred dollar and euro trading, spelling an end to a market that's been open since the Cold War.
Trades were halted Thursday on the Moscow Exchange after it became one of many targets of an expansive new US sanctions package.
The latest sanctions are part of a US effort to sever Russia from foreign financial support, taking aim at virtually any global lender that transacts with Moscow.
Last month, the yuan made up over half of foreign currency trades in Russia, the FT reported.
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