Russia allows residents to send security trading proceeds to foreign accounts

俄罗斯允许居民将证券交易收益汇入外国账户-外汇天眼布告栏.jpg

  Russia has scrapped a ban on Russian residents channelling funds they raise in securities trading with non-residents to foreign banks' accounts, the finance ministry said on Thursday.

  The decision came into force on June 17, the ministry said.

  Russia is gradually relaxing capital controls it imposed shortly after sending tens of thousands of troops into Ukraine on Feb. 24. For more forex news, please download WikiFX – the Global Dealer Regulatory Inquiry APP.

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