Thursday , May 26 2022 - услуги фрилансеров от 500 руб.
Home / WORLD / Russia restricts assets of ‘unfriendly’ states

Russia restricts assets of ‘unfriendly’ states

The Russian Central Bank (Bank of Russia) on Friday imposed restrictions on the movement of funds to countries that introduced economic sanctions against Russia in connection with its military operation in Ukraine.

In response to the partial freezing of Russian reserves, Russia also introduced restrictions on the movement of funds that could be transferred to unfriendly countries, for a comparable amount,” a statement on the website of the Bank of Russia reads. - услуги фрилансеров от 500 руб.

The regulator explained that it is essentially applying a “mirror measure,” banning the movement of capital, the sale of securities by foreign investors, and their withdrawal of funds from the Russian financial system.

In addition, payments on the corporate debt of Russian companies and government debt to holders from countries that support sanctions against Russia can now only take place with the permission of a government commission.

For more stories on economy & finance visit RT’s business section

© 2022, paradox. All rights reserved.

Check Also

Google wants to slow YouTube in Russia – media

US tech giant Google has notified several Russian internet service providers of plans to terminate …

Leave a Reply

Your email address will not be published. Required fields are marked *