The Central Bank of the Russian Federation has limited the issuance of foreign currency to legal entities to five thousand dolla

10 March 2022, 22:20 | Economy
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The Central Bank of the Russian Federation announced that from March 10 to September 10 it introduces a temporary procedure for cash transactions for legal entities and entrepreneurs. It is reported by meduza.

According to this procedure, the currency is issued in the amount of five thousand US dollars and only to pay for expenses on foreign business trips..

We are talking about any foreign currency, including cash US dollars, Japanese yen, pounds sterling and euros.



The rest of the amount will be converted into rubles - residents “can receive the currency in cash on the grounds provided for by law, without restrictions at the market rate on the day of issue”.

Non-residents (foreigners) will not be able to use cash dollars, Japanese yen, pounds sterling and euros for a temporary period.

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Also in the Russian Federation, a list of companies-candidates for the nationalization of property was compiled.




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