Contents tagged with Foreign Transactions

  • Duma deputy proposes ban on foreign currency transactions

    A member of the State Duma from the Liberal Democratic Party of Russia (LDPR), Ivan Sukharev, has proposed prohibiting any foreign currency transactions within the territory of Russia.  In his opinion, this will help to strengthen the Russian Ruble, according to the newspaper Izvestia.

    The MP has already prepared the bill indicating which foreign currency transactions (both cash and non-cash) will be banned for residents within the territory of Russia.  Sukharev proposes to ban payments in …