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

Date: January 27, 2023 Time: 13:44:11

“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.

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