[Russia] - Russia Extends Curbs on Foreign Cash Withdrawals

INSUBCONTINENT EXCLUSIVE:
spring.The Central Bank first introduced the restrictions in March 2022 after the U.S
and EU halted cash transfers of dollars and euros to Russia
Central Bank said that those with existing foreign currency accounts will be able to withdraw only up to $10,000 in U.S
dollars or euros until March 9, 2025
Any remaining funds will be available only in rubles.The restrictions were originally set to expire on Sept
9.Since the export ban on cash began in March 2022, Russia has imported an estimated $2.27 billion in dollars and euros from countries that
have not sanctioned Moscow over its full-scale invasion of Ukraine.Investigative media reported earlier this week that over $29 million in
foreign banknotes were imported from Rwanda in 2024.A Message from The Moscow Times:Dear readers,We are facing unprecedented challenges
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