• 11/27/2024

Russia Introduces New Currency Controls for Exiting Companies to Prop Up Ruble – FT

Moscow Times

The new restrictions add to existing rules requiring foreign companies that seek to leave the country to sell their Russian assets at a discount and pay a “voluntary” contribution to the state budget.

https://www.themoscowtimes.com/2023/10/31/russia-introduces-new-currency-controls-for-exiting-companies-to-prop-up-ruble-ftrussia-sets-currency-controls-for-exiting-businesses-to-prop-up-ruble-ft-a82944