Exclusive: Biden to bar U.S. banks from buying Russian government rouble debt in primary markets


  • World
  • Thursday, 15 Apr 2021

FILE PHOTO: U.S. President Joe Biden delivers remarks on his plan to withdraw American troops from Afghanistan, at the White House, Washington, U.S., April 14, 2021. Andrew Harnik/Pool via REUTERS

(Corrects headline to show ban applies to participating in primary market)

(Reuters) - President Joe Biden will issue an executive order on Thursday authorizing the U.S. government to sanction any sector of the Russian economy and will use it to restrict Russia's ability to issue sovereign debt to punish Moscow for interfering in the 2020 U.S. election, senior Biden administration officials said.

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