OREANDA-NEWS The Russian government has approved a decree on the mandatory sale of foreign exchange earnings by exporters until April 30, 2026, according to the official Telegram channel of the Cabinet of Ministers.

"As part of the implementation of the presidential decree, the government has approved a resolution extending the requirement for the mandatory sale of foreign exchange earnings by exporters. The decision taken will ensure the predictability of the inflow of foreign currency into the domestic market," the report says.

"As follows from the document, starting from May 25, 2025, exporters included in the list approved by presidential decree are required to transfer at least 40% of the foreign currency received under foreign trade contracts to their accounts with authorized banks. These companies are also required to sell on the domestic market at least 90% of the foreign exchange earnings credited to accounts in Russian banks, but not less than 25% of the funds received in accordance with each export contract," the message also adds.