Russia eases capital controls ...News

Russia Today - Economy
Russia eases capital controls
source : Russia Today ( News ) () 23
The central bank has lifted the ban on buying foreign currency The Russian central bank has relaxed temporary capital control measures, which were introduced to support the domestic currency and prevent capital outflows amid Ukraine-related Western sanctions. According to the Bank of Russia, starting on April 18, domestic banks are once again allowed to sell euros and dollars to individuals. The measure will be effective through September 9. However, the regulator noted that banks are only allowed to sell foreign currency banknotes that they received after April 9, 2022. Russian citizens will also be able to withd

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