The Central Bank of Russia has announced a limit of $5,000 per month on transfers of money abroad by resident individuals to others, including relatives.
The Russian Central Bank's decision came at a time when the liquidity crisis facing Russian banks was exacerbated by the successive sanctions imposed by European countries, the United States and other opponents on Moscow after the invasion. Russian territory of Ukraine.
The amount will be determined using the official exchange rates of foreign currencies against the ruble, determined by the Central Bank on the date of the transfer order, or its equivalent in another foreign currency within a month.
On Monday, Russian President Vladimir Putin signed a decree on special economic measures to support the Russian economy and achieve financial stability in the country, in response to the unfriendly measures that It was imposed against Russia by the West.
Putin also signed a law providing for stricter anti-corruption legislation in terms of extending the possibility of transferring money in an official's accounts to state revenue if the amount exceeds his income for three years.< /p>
