The U.S. imposed new sanctions on Russia, leading to a bank run in Russia. Moscow Exchange suspended trading in dollars and euros. Russia's Central Bank announced the yuan-ruble exchange rate as a benchmark, strengthening economic ties with China.
Sanctions Against Russia: U.S. Increases Secondary Sanctions Risks for Foreign Financial Institutions, Expands Sanctions and Export Restrictions https://t.co/1sAp1AWWf1 | by @K2Integrity
U.S. Expands #Russia #Sanctions, Focusing on Financial Infrastructure and IT/Software-Related Services https://t.co/6zV3jTL3PB #finance #traderegulations @GT_Law https://t.co/3SB7Xj09Gs
Russian Economy Forced into China Pivot after Sanctions Bombshell (Newsweek) Moscow's economic ties with Beijing have tightened even more after Russia's Central Bank announced the yuan-ruble exchange rate will become a benchmark for other currency pairs. The bank's statement on… https://t.co/SYW0dxqUAd
Russia financial system shaken after U.S. imposes new sanctions https://t.co/1aEtGlgTMj
Breaking: There is a bank run in #Russia right now. Based on the information provided, there are indications of a bank run in Russia. The Moscow Exchange suspended trading in dollars and euros following new U.S. sanctions. This has led to long lines forming outside exchange…