Vedomosti: Russian Exporters are Faced with the Sale of Dollars and Euros
Exporters faced difficulties in selling foreign exchange earnings on the market. Companies do not find demand for currency in the market: the volume of imports to Russia has fallen sharply due to EU sanctions, as a result of which importers do not need such a volume of currency as before. In addition, quite significant restrictions on the use of the currency remain, the text of the article says.
Earlier, economist Grigory Bazhenov said that the Central Bank may ease restrictive measures on the purchase of foreign currency in Russia, subject to a decline in hype and panic. The expert suggested that the regulator may allow the purchase of more currency, as well as simplify transfers abroad.
As reported earlier, the Central Bank returned the opportunity for banks to sell cash to Russians from April 18. Credit institutions will be able to trade only in the currency that will go to the cash desks from April 9. In addition, the Russians were allowed to withdraw cash in euros. They can do this from April 11 and only from deposits that were open before March 9.