Russian central bank extends capital controls for 6 months
- Economy
- Reuters
- Published Date: 07:23 | 06 March 2023
- Modified Date: 07:23 | 06 March 2023
Russia's central bank on Monday extended for six months a number of emergency capital controls it introduced after Moscow sent tens of thousands of troops into Ukraine last year and the West imposed sweeping sanctions on Moscow.
In a move flagged by Governor Elvira Nabiullina last week, the central bank said it was extending restrictions on the withdrawal of foreign currency until Sept. 9, 2023, as well as a ban on some commission charges that banks can levy.
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