In a statement published on Thursday, the White House announced that the US will be issuing sanction on Russia in response to Moscow’s election interference, activities targeting dissidents and malicious cyber activities, as reported by Reuters. Additional takeaways “The US will defend our national interests, impose costs for Russian government actions to harm the US.” “The US will prohibit US financial institutions from buying primary market Russian government bonds issued after June 14, 2021.” “US sanctions 32 entities and individuals for carrying out Russian government’s interference in 2020 US election.” “US President Joe Biden’s executive order sanctioning Russian sovereign debt allows actions to be expanded in future.” Market reaction The USD/RUB pair is rising sharply on this development and was last seen gaining 1.6% on a daily basis at 77.0960. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Off multi-week lows, remains vulnerable below 1.2500 mark FX Street 2 years In a statement published on Thursday, the White House announced that the US will be issuing sanction on Russia in response to Moscow's election interference, activities targeting dissidents and malicious cyber activities, as reported by Reuters. Additional takeaways "The US will defend our national interests, impose costs for Russian government actions to harm the US." "The US will prohibit US financial institutions from buying primary market Russian government bonds issued after June 14, 2021." "US sanctions 32 entities and individuals for carrying out Russian government's interference in 2020 US election." "US President Joe Biden's executive order sanctioning Russian sovereign debt… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.