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Russian central bank extends curbs on transferring funds abroad for six months

Russian central bank extends curbs on transferring funds abroad for six months
Russian central bank extends curbs on transferring funds abroad for six months

2024-03-29 14:20:05 - From: Shafaq News


Shafaq News/ Russia's central bank has extended restrictions on transferring funds abroad for another six months, the regulator said on Friday.

Until September 30, 2024, Russian citizens and non-residents from "friendly countries" will still be able to transfer no more than $1 million or its equivalent in other foreign currencies to any accounts in foreign banks within a month.

Russia considers countries that imposed sanctions against it as "unfriendly".