THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.
Russian President Vladimir Putin signed a decree “On additional temporary economic measures to ensure the financial stability of the Russian Federation”, according to which, from March 2, the export of foreign currency worth more than $10,000 from Russia is prohibited. The text of the decree has been replaced on the Kremlin website.
According to this document, it will no longer be possible to export cash foreign currency and (or) monetary instruments in foreign currency “in an amount exceeding the equivalent of 10 thousand US dollars” from Russia, calculated at the official exchange rate of the Central Bank on the date of export.
The day before, Vladimir Putin signed a decree “On the application of special economic measures in connection with the unfriendly actions of the United States and countries that have joined them.” According to this document, exporters are required to sell 80% of the foreign exchange earnings credited to their accounts from January 1, 2022.
The decree on the application of special economic measures was adopted “in order to protect the national interests of the Russian Federation” and has already entered into force.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
