The head of the Central Bank announced a possible tightening of restrictions on the export of cash rubles and gold to the EAEU countries

Restrictions on the export of cash rubles and gold from Russia to the EAEU countries, introduced by presidential decree on April 1, will be tightened in the near future, as practice requires. The head of the financial monitoring and currency control service of the Central Bank, Bogdan Shablya, stated this at the International Banking Forum organized by the Association of Russian Banks, Interfax reports.

“The decree is really very important, very serious. It will, we hope, also be finalized and modified in the near future, since practice shows that even more order needs to be established in this area,” said Shablya.

According to the current decree, individuals are prohibited from exporting rubles equivalent to 100 thousand dollars at the Central Bank exchange rate to the EAEU countries, and legal entities and individual entrepreneurs from April cannot export currency, regardless of the amount.