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Restrictions on Moscow Exchange and banks, fate of the ruble: Key takeaways from new US sanctions

Washington has unveiled a major new set of measures targeting Russia’s financial sector and currency market

By RT International

The US government announced a new wave of sanctions against Russia on Wednesday, targeting the energy, metals and mining industries, as well as some of the nation’s major lenders and the Moscow Stock Exchange.

The latest round of restrictions appears to be one of the biggest since the start of the Ukraine conflict in February 2022.

According to the US Department of the Treasury, the measures will impact more than $100 million in trade between Russia and its foreign partners, and affect companies and individuals in China, Türkiye, Kyrgyzstan and other nations of Central Asia, the Middle East, and the Caribbean. RT breaks down the immediate effects and potential consequences, as well as Moscow’s reaction.

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