OREANDA-NEWS  The Bank of Russia has decided from June 14 to temporarily hold trading sessions until 9:50 Moscow time on the foreign exchange market and the precious metals market, as well as on the futures market of the Moscow Stock Exchange, the regulator said in a statement.

According to the message of the Moscow Exchange, the opening auction will be held at 9:50-10:00, and the main session will be held from 10:00.

Trading on the stock and money markets is conducted according to a standard schedule.

OFAC (Office of Foreign Assets Control, a division of the US Treasury responsible for sanctions enforcement) on Wednesday added the Moscow Stock Exchange and the National Clearing Center (NCC) and the National Settlement Depository (NSD), which are part of its group, to the sanctions list.

Shortly after that, the Moscow Exchange announced that it would not be trading dollars and euros from June 13. As explained in the Bank of Russia, the termination of euro trading is due to the fact that EU countries also comply with American sanctions. Transactions with these currencies will continue to be made on the over-the-counter market, and bank statements and information from digital platforms of over-the-counter trading will be used to determine the official exchange rates of the dollar and euro against the ruble, the Central Bank said. On Thursday, the Bank of Russia announced its decision to suspend trading in the Hong Kong dollar to reduce risks.

Earlier on Thursday, it also became known that the United Kingdom imposed sanctions against Mosbirzhi, NCC and NSD.