Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Commodity>Putin Signs Decrees to Restrict Ruble Cash & Gold Exports
Recommend 2 Positive 4 Negative 4 |
||||
|
||||
|
Russian President Vladimir Putin signed two decrees to restrict the export of cash and gold, aiming to combat the shadow economy and curb capital outflows, according to foreign media. Under one of the decrees, starting next month, with certain exceptions, it will be prohibited to carry ruble cash equivalent to more than US$100,000 from within Russia into the Eurasian Economic Union (EAEU). Another decree stipulates that, from May, the export of gold bars weighing more than 100 grams will be banned. The decree includes several exemptions and does not apply to commercial banks. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
