Central Bank of Russia

Central Bank of Russia relaxes capital restrictions to prevent the ruble from falling

The Central Bank of Russia announced on the 8th that it will ease the capital restrictions that it has tentatively introduced to prevent the ruble from falling.

In addition to allowing individuals to purchase foreign currency in cash, the fee for purchasing foreign currency through a securities company will be abolished.

Cheyenne Cox is a news report covering multiple Market and economy News. She is creative and highly professional writer. Cheyenne holds a degree in communication and journalism and has also a Diploma in digital marketing. She belongs to south Africa who has also lived in Europe and is currently based in the US.

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