Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Russia further raises ceiling for cross-border transactions for individuals

FILE PHOTO: National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. 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.

(Reporting by Reuters; Editing by Chris Reese)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.