Golden Finance reported that on the evening of June 12, local time, the Moscow Exchange issued an announcement stating that due to the sanctions, the exchange will no longer use the US dollar and the euro for foreign exchange and precious metal transactions from June 13. In addition, financial instruments settled in US dollars and euros will no longer be traded in the stock market, money market and standardized derivative financial instrument market. The announcement stated that forward market transactions will not be affected and will be traded according to previous rules. The Central Bank of Russia issued an announcement on the same day stating that over-the-counter transactions in US dollars and euros will not be affected and can proceed as usual. The central bank will use information from bank statements and over-the-counter trading platforms to determine the official exchange rate of the US dollar and euro against the ruble.