The Central Bank extended for another six months restrictions on the withdrawal of foreign currency – no more than $ 10 thousand
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Central Bank extended for another six months, until September 9, 2023, restrictions on the withdrawal of cash foreign currency, the regulator said. From an account opened before March 9, 2022, it will still be possible to withdraw the amount of the balance at 00:00 on that date, but not more than $10,000 or the equivalent amount in euros.
“The rest of the funds can still be received in rubles. The amount to be paid out cannot be less than the amount calculated on the day of payment at the official exchange rate of the Bank of Russia for funds placed on the account before September 9, 2022,” the Central Bank reports in its Telegram channel.
Banks can sell to citizens US dollars and euros that have entered their cash desks since April 9, 2022, there are no restrictions on the sale of other foreign currencies, the regulator noted.
The Central Bank introduced a limit on the withdrawal of euros and dollars on March 9, 2022, initially this measure was valid until September 9. In August, restrictions on the withdrawal of cash foreign currency have been extended for another six months, until March 9, 2023. The fact that the Bank of Russia intends to extend the restrictions on currency withdrawal after March 9 became known in february.
The restriction on the withdrawal of the euro and the dollar is explained by the ban on the import of banknotes of these currencies into the country as part of the sanctions.
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