The Central Bank introduced new restrictions on the withdrawal of foreign currency abroad, writes “Kommersant” with reference to the letter of the deputy head of the Central Bank Yuri Isaev. Now it will be possible to transfer to spouses and close relatives no more than five thousand dollars a month.
Russian residents are allowed to transfer foreign currency to foreign accounts of spouses, as well as parents, children, grandparents and grandchildren, including adoptive parents and adopted children.
The current restriction has become another measure of the Central Bank and financial authorities aimed at maintaining foreign currency in the country under the sanctions imposed by Western countries. They, in particular, include the blocking of foreign exchange reserves of the Central Bank, denominated in dollars, euros, pounds and yen, and a ban on transactions with them.
After that, Russian residents were forbidden to transfer foreign currency to their own foreign accounts and take out cash in the amount of more than 10 thousand dollars.
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