Russia eases rules on foreign currency ...News

Economy by : (Russia Today) -
Sanctions-induced capital control measures relaxed as ruble strengthens The Bank of Russia is lifting temporary capital control measures that banned individuals from buying foreign currency, the central bank said in a statement on its website on Friday. Starting April 18, Russian citizens will once again be allowed to buy foreign currency at banks, as well as withdraw funds from their foreign currency accounts in both US dollars and euros up to $10,000 or its equivalent in euros, while amounts above this limit can be withdrawn in rubles. This limit is in place until September 9. The central bank noted that banks a

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