Economist Mironyuk warns against the illegality of currency trading on the black market

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Russians wishing to trade currency on the black market may face heavy fines. About this RIA Novosti declaration BCS World of Investments expert Evgeny Mironyuk.

“According to the Administrative Offenses Law, the fine for illegal foreign currency transactions is between 20% and 40% of the amount of illegal currency transactions,” Mironyuk said.

According to him, the sale of money on the black market threatens with similar consequences as in the 90s, when citizens tried to exchange money by bypassing cash registers.

He added that advertisements on the Internet offer an exchange rate only a few rubles higher than the Central Bank. This is because there are still legal ways to bring in cash. For example, you can open a bank account in advance between “friendly” countries, transfer money there, and then withdraw cash abroad, so that later you can legally import it into Russia.

In mid-May, Lenta.ru WrotePrivate chats on Telegram help users buy and sell currency at an affordable rate and the right amount.

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