the Bank of Russia retained for another six months, until September 9, 2025, restrictions on the removal of cash foreign currency.
“The Bank of Russia retains restrictions on cash in connection with the sanctions acting against our country, which prohibit domestic financial institutions to acquire cash currency of Western countries,” the regulator said.
The Central Bank noted that “for citizens whose currency account or contribution was opened until March 9, 2022, there is a limit for the withdrawal of the currency in the amount of the balance of money by 00:00 Moscow time of the indicated date, but not more than 10 thousand US dollars or the equivalent amount in euros, regardless of the currency of the deposit or account, provided that they had not previously realized such The opportunity “.
“The remaining funds can still be obtained in rubles. The amount paid cannot be less than calculated for the day of payment at the official rate of the Bank of Russia for funds placed on the account until September 9, 2022. The funds placed after September 9, 2022 are issued at the rate of issue on the date of issue,” the report said.