Administrative measures to ensure currency regulation and currency control in Russia under sanctions

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The article discusses a set of measures aimed at preventing capital outflow from the country, strengthening the ruble and the Russian economy in the current situation. The economic situation, including in the foreign exchange market, has somewhat stabilized, which allowed for the gradual easing of currency control measures by the Federal Customs Service of Russia. The article deals with the cancelling requirements for the repatriation by residents of foreign currency received from non-residents under foreign trade contracts for goods transferred to non-residents, the conversion of proceeds, restrictions on the withdrawal of foreign currency by residents to their accounts abroad, its transfer through payment systems and the provision of foreign currency loans to non-residents, etc. The article also discusses a number of Decrees of the President of the Russian Federation on ensuring economic security under sanctions.

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Currency regulation, economic security, currency, ruble, unfriendly actions, capital

Короткий адрес: https://sciup.org/170197830

IDR: 170197830   |   DOI: 10.24412/2500-1000-2023-2-2-156-159

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