Russia extends restrictions on money transfers abroad ...News

Russia Today - Economy
Russia extends restrictions on money transfers abroad
source : Russia Today ( News ) () 33
The measure applies to non-residents from ‘unfriendly’ countries The Russian central bank has extended restrictions on financial transfers abroad by non-residents from ‘unfriendly’ countries. The measures will be prolonged for another six months from October 1. According to a statement from the Bank of Russia on Tuesday, the limits will apply to transfers from the accounts of individuals and legal entities.   “This decision was made in order to maintain financial stability,” the central bank explained. The Bank of Russia originally introduced the restrictions in April 2022. The ban was last extended in March of th

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