The sale of cash currency is banned in Russia

The center of Russia bankhas announced new rules for cash currency. Banks are prohibited from selling cash to citizens from foreign currency accounts 10 It is not allowed to withdraw more than a thousand dollars. The remaining funds can be withdrawn at the daily exchange rate of the ruble. These rules apply to Russia’s attack on Ukraine according to comes into force against the background of Western sanctions.

Russia BankThe rules are temporary and will be in force from March 9 to September 9.

It will be possible to exchange the currency for rubles

Central bank reports that, funds in customers’ currency accounts are protected, but not for access to them 10 A limit of $ 1,000 has been imposed. If the customer’s deposit is in another currency, he will still be paid in dollars.

“Cash currency will not be sold to citizens during the interim regime,” the statement said.

It will be possible to exchange cash for rubles in any amount.

Yesterday, March 8, the United States announced new sanctions against Russia and banned oil imports. On the same day, a number of large corporations announced that they had ceased operations in Russia.