Overview

• Moscow Exchange suspends trading in dollars and euros, shifting transactions to over-the-counter markets.
• Russia's central bank reassures that dollar and euro deposits remain safe despite trading halt.
• Chinese yuan becomes the most traded currency on the Moscow Exchange, surpassing the dollar.
• Sanctions aim to cut financial support for Russia's war in Ukraine, impacting trade and investment flows.
• Experts predict increased costs and volatility for Russian businesses and consumers.