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  • Russians will be fined and imprisoned for buying and selling foreign currency “from hand” – The Moscow Times

    04/27/2022 11:48:18 PM PDT · by Cronos · 3 replies
    Hindustan news hub ^ | 6th April 2022
    The Russian authorities have decided to tighten control over the foreign currency cash market, which is rapidly going “into the shadows” after the Central Bank of the Russian Federation banned the sale of dollars and euros to individuals through bank cash desks and “exchangers”, and limited the issuance of “cash” from deposits and accounts to an amount of 10 thousand dollars per person. According to RBC, the Federal Tax Service instructed the territorial authorities, together with the Ministry of Internal Affairs, to identify illegal transactions for the purchase and sale of foreign currency “from hand”, which is carried out through...