As part of measures to liberalise Russia's currency regulations, it also proposed lifting a restriction on channelling export revenues to exporters' accounts outside Russia.
MOSCOW: The Russian central bank on Thursday proposed scrapping the mandatory repatriation of Russian companies' export revenues denominated in foreign currencies.
As part of measures to liberalise Russia's currency regulations, it also proposed lifting a restriction on channelling export revenues to exporters' accounts outside Russia.
The central bank said it has submitted the proposals to the government, without elaborating on when or how the FX legislation could be changed.
Comments
Comments are closed for this article.