news unrolled

Post: The Central Bank expanded the sales opportunities of cash to the population

Categories

Bank of Russia building. Archive photo

The Central Bank of Russia has expanded the possibilities of selling cash dollars and euros to the population

MOSCOW, August 27 – RIA Novosti. RIA Novosti was informed in the press service of the Central Bank that the regulator allowed them to sell dollars and euros received in the safe after April 9, not only from individuals, but also from other sources.

“For example, from transactions with non-resident banks, as well as from money entering the vaults of banks for issuing loans to accounts from Russian legal entities on the grounds provided for by currency legislation,” said the Central Bank of Russia.

Noting that nothing has changed for citizens, the Central Bank emphasized that only after April 9 this year, the currency at the disposal of credit institutions can be purchased.

There is still a restriction on withdrawing cash until March 9, 2023 – the regulator has set a limit of ten thousand dollars or euros from an account or deposit. During the same period, there is a restriction on the printing of money for travel expenses – a maximum of five thousand dollars or its equivalent in euros, pounds or yen.

The Central Bank had previously stated that the measures were extended due to sanctions, as the US and the EU banned the supply of banknotes to Russia.

Source: Ria

Leave a Reply

Your email address will not be published. Required fields are marked *