Economic news
Russia further raises ceiling for cross-border transactions for individuals
2022.06.07 21:06
FILE PHOTO: National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS
(Reuters) – The Russian central bank said on Tuesday Russian residents and non-residents from “friendly” states will be able to channel foreign currency abroad equivalent to up to $150,000 a month, up from the previous limit of $50,000.
All the non-residents are still be able to send foreign currency abroad to the value of their salaries, the bank said.