Moscow-Sana
Russian President Vladimir Putin signed a decree imposing additional economic measures to ensure financial stability in the country.
According to the Kremlin website, Putin signed a decree giving the board of directors of the Russian Central Bank the power to determine the amount of purchases in hard currency for foreigners and investors.
The decree also included the prohibition of payments by citizens on the ownership of legal entities except through an official and written acceptance from the appropriate authorities and references. It also granted the Central Bank the authority to monitor exporters’ remittances by not allowing the sale of hard currency without official approval.
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