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Moscow
Wednesday, December 7, 2022
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SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
66.0131
USD
63.0650

LATEST MARKET STUDY

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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.

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