City
Epaper

Russia restricts flow of funds to 'unfriendly' countries, regions

By IANS | Updated: March 26, 2022 02:25 IST

Moscow, March 26 Russia has imposed restrictions on the movement of funds that could be transferred to "unfriendly" ...

Open in App

Moscow, March 26 Russia has imposed restrictions on the movement of funds that could be transferred to "unfriendly" countries and regions, its central bank has said.

The measure was taken in response to the freezing of part of Russia's gold and foreign currency reserves in some countries, the central bank said on Telegram on Friday.

"A comparable amount" of funds are affected, it said, without specifying the exact sum, Xinhua news agency reported.

Russia has a total of about $640 billion of gold and foreign currency reserves, and some $300 billion of them are frozen after Moscow launched a special military operation in Ukraine, Russian Finance Minister Anton Siluanov said earlier this March.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: RussiaXinhuaMoscowRussian parliamentPakistan russiaRusAnton siluanov
Open in App

Related Stories

InternationalWhen Will Russia Deliver More S-400 Missiles to India? Major Update Revealed - Here’s Why It Was Delayed

InternationalIrani Boy Goes in Coma After Man Brutally Slammed Him on Floor at Moscow Airport; CCTV Footage Shocks Internet

InternationalIran-Israel Conflict: Israel Attacks Iran's Sole Nuclear Power Plant in Bushehr; Tensions Escalate

InternationalRussia-Ukraine War: 41 Fighter Jets Destroyed as Ukrainian Drone Strikes Set Russian Airbases on Fire

InternationalOperation Spiderweb: Ukraine Launches Largest Drone Attack on Russia, Destroys Over 40 Fighter Jets (Watch Video)

Politics Realted Stories

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala

MaharashtraNCP Leader Suraj Chavan Shares Alleged Black Magic Video of Shiv Sena Leader Bharat Gogawle Amid Row Over Raigad Guardian Post

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis