19.8 C
Moscow
Wednesday, June 29, 2022
spot_img

SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
60.9451
USD
58.3750

LATEST MARKET STUDY

spot_img

Bank of Russia extended the easing of foreign exchange controls to all exporters

The Bank of Russia, in the context of the stabilization of the situation on the foreign exchange market, decided to further soften the requirements for the mandatory sale of foreign currency by exporters. Previously, the term for the sale of currency was increased from 3 to 60 working days only for non-commodity exports. From now on, easing measures have been extended to all exporters. The adopted decision will improve the ability of exporters to manage foreign exchange liquidity.

Related Articles

The Russian Export Center ready to test transactions in cryptocurrency

The Russian Export Center, which fell under sanctions, is considering the possibility of making payments in cryptocurrencies. This was announced at SPIEF by its...

Requirement to sell exports’ earnings in foreign exchange cancelled as confirmed by the government

The subcommittee of the government commission for the control of foreign investment in Russia decided to cancel the requirement for exporters to sell 50%...

Key rate cut back to the pre-sanction level

The Bank of Russia held a meeting of the Board of Directors today and decided to reduce the key rate again, from 11% to...