Putin allowed sanctioned banks to fulfill their foreign exchange obligations in rubles

According to the official, Russian President Vladimir Putin allowed banks that fell under the sanctions to fulfill their foreign exchange obligations in rubles. portal legal information.

Liabilities in foreign currency within the scope of bank account (deposit) agreements concluded between credit institutions, [иностранными государствами введены санкции]and customers who are legal entities are considered duly fulfilled in the following cases: [они] executed in rubles in an amount equivalent to the value of liabilities in foreign currency, ”says the decree.

Previously, the current rate of growth of consumer prices in Russia in the coming months grow seasonally adjusted. This is reported by TASS with reference to the Bulletin of the Bank of Russia “What Trends Say”.

The regulator attributes the increase to the gradual wearing off of the stronger ruble’s pass-through effect and the recovery in consumer demand as lending conditions ease and the propensity to save decreases.



Source: Gazeta

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