Business Desk

Russian government eases currency rules for exporters

Putin's decree reinstated capital controls in October, affecting fuel, energy, and metals

Source: Freepik

New decree waives currency sales if over half of contracts are settled in roubles

Source: Pexels

Central bank doubts controls' effectiveness and cites rouble stabilisation near 90 to the dollar

Source: Pexels

Government sees controls as mitigating rouble risks, central bank credits high interest rates and export revenues

Source: Pexels

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