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MOSCOW, June 13 Exchange trading in currencies is not a necessary condition for the convertibility of the ruble and market exchange rate formation, the rate will remain uniform and market, follows from the explanations of the Central Bank.
The United States on Wednesday expanded sanctions against Russia to include the Moscow Exchange. Against this background, exchange trading in the dollar and euro was suspended and transferred to the over-the-counter market. 
“Exchange trading in currencies is not a necessary condition for the convertibility of the national currency, the free circulation of foreign currencies and market exchange rate formation,” the regulator said.
It is noted that the exchange rate of the ruble to key currencies is determined by the balance of supply and demand for currency received from foreign trade activities, and does not depend on the trading platform on which transactions are concluded. 
» Recently, against the backdrop of a favorable energy price environment, foreign currency sales from exporters have been growing. In May, they increased by 13%, to $15 billion, for the 29 largest exporters,” the Central Bank added.
They emphasized that the sanctions imposed against the Moscow Exchange only change the structure of trade on the domestic foreign exchange market, but do not affect the volume of foreign currency receipts from exports and the demand for it to pay for imports. “Therefore, the balance in the foreign exchange market (unlike the situation in both 2022 and 2023, when both exports and imports changed significantly) remains generally unchanged,” the regulator added.