President Joe Biden will issue an executive order on April 15 authorizing the U.S. government to sanction any sector of the Russian economy and barring U.S. banks from participating in the primary markets for rouble-denominated bonds.
Reuters: Biden to bar US banks from rouble debt primary market
A man on the phone walks past the Russian Central Bank headquarters as the Russian flag flies, in downtown Moscow, on March 19, 2021.
