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HomeLatest NewsThe Central Bank allowed banks from hostile countries to withdraw rubles from...

The Central Bank allowed banks from hostile countries to withdraw rubles from Russia KXan 36 Daily News

Date: December 9, 2023 Time: 04:23:47

“This will provide an opportunity to transfer rubles abroad,” the Central Bank said.

In the context of sanctions, such a payment channel will help increase the stability of the international settlement infrastructure, according to the Central Bank.

Remember that in August, President Vladimir Putin signed a decree on currency restrictions, which allows banks that suffered from sanctions not to carry out transactions in the currency of hostile countries.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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