3 ms·
Russians are in fact allowed to buy USD (provided the bank actually has the physical dollar notes). The earlier prohibition on buying foreign currency has been
by throw-ru-938 4y ago
Russians are in fact allowed to buy USD (provided the bank actually has the physical dollar notes). The earlier prohibition on buying foreign currency has been relaxed.
- trasz 4y agoThey aren’t. They can buy virtual USD, but can only physically withdraw up to $10k per year. And if they receive USD, they are required by law to deposit 80% of it within three days.
- throw-ru-938 4y ago> They can buy virtual USD, but can only physically withdraw up to $10k per year. This applies to withdrawing cash from bank accounts. AFAIK there is no limit on exchanging RUB cash into USD/EUR. > And if they receive USD, they are required by law to deposit 80% of it within three days. This applies to companies doing exports, not to private citizens. (Although admittedly citizens don't have many ways of getting dollars.) (Source: I'm Russian and still follow the news from there)