The Central Bank of the Russian Federation has expanded restrictions on cash foreign currency withdrawal

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The Central Bank of the Russian Federation has extended restrictions on cash withdrawals in foreign currency for another six months. This situation was officially reported Web site financial regulator

In the statement, it was announced that the decision was taken in connection with ongoing anti-Russian sanctions. At the same time, restrictions on foreign exchange will be valid until September 9 of this year.

“The Central Bank of Russia extended for another six months <…> Foreign currency cash withdrawal restrictions. Central Bank of Russia maintains restrictions <…> “In connection with the sanctions in force against our country, which prohibit domestic financial institutions from purchasing the hard currency of Western countries,” the publication states.

In addition, the regulatory body decided to expand the ban on charging commissions when withdrawing currencies of other countries from deposits and accounts of citizens. These restrictions will remain in effect for the next six months.

5 March Vedomosti newspaper reportedIt was stated that the Central Bank of the Russian Federation recommends credit institutions not to publicly disseminate information regarding cooperation with foreign partners. Journalists referred to a document signed by the deputy head of the financial regulator Olga Polyakova.

Previously at the Central Bank of the Russian Federation appreciated The process of testing the digital ruble.

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