Russia to draft new forex control law by October

RUSSIA - The Russian government intends to draft a new, more liberal law on hard currency controls and regulations by October, the Finance Ministry said yesterday, 24 July.

President Vladimir Putin has set easing of currency controls as a priority for his administration. Parliament backs Putin's drive and earlier this month approved a key bill cutting mandatory export revenue sales by one third to 50 percent.

Finance Minister and Deputy Prime Minister Alexei Kudrin summoned key government and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: