President Putin has signed a decree prohibiting the export of cash exceeding 1 million rubles (approximately $12,000) from Russia to neighboring countries. The Kremlin published the official text of the order on September 29, establishing new capital controls on cross-border currency movements.
The restriction applies specifically to physical cash transfers destined for nations sharing borders with Russia. This measure introduces a hard cap on outbound cash flows as authorities tighten regulations on cross-border financial transactions amid ongoing economic sanctions and geopolitical tensions.
Putin Signs Decree Banning Cash Exports Over 1 Million Rubles to Neighboring Countries
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