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The Russian Central Bank announces a set of measures to stabilize the local currency market

2022-03-09T11:28:10.167Z


Moscow, SANA- The Russian Central Bank announced today a set of measures to stabilize the local currency market


Moscow-Sana

Today, the Central Bank of Russia announced a set of measures to stabilize the local currency market.

The Russia Today website stated that the Central Bank stressed that the measures taken are temporary and will continue until the ninth of next September, and they include keeping all the client’s money in foreign currency accounts or deposits and their account in the deposit currency, and that the client can withdraw up to $10,000 in cash and the rest of the money in rubles at the market rate. on the day of release.

The procedures also include the possibility of withdrawing funds from foreign deposits only in dollars, regardless of the currency of the deposit, i.e. if the customer has deposited euros, the bank will give him his deposit in dollars upon request.

It also includes the possibility of citizens continuing to keep their money in deposits or accounts in foreign currencies in addition to the possibility of opening new accounts and deposits in foreign currencies, and that Russian banks will not sell foreign currencies for cash during the period of validity of the temporary measure.

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Source: sena

All business articles on 2022-03-09

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