• EU’s Borell: Agreed that additional sanctions against Russia will be implemented as soon as possible

Market news

22 September 2022

EU’s Borell: Agreed that additional sanctions against Russia will be implemented as soon as possible

Following the G7 leaders’ meeting, European Union (EU) Foreign Policy Chief Josep Borrell said that EU ministers have agreed that additional sanctions against Russia will be implemented as soon as possible.

Borrell did not mention any details on the same.

Market reaction

The euro is seeing a fresh bout of selling on the above comments, with EUR/USD closing in on the 0.9800 critical support. The spot is down 0.24% on the day.

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