Proposals said to include forcing large exporters to convert up to 80% of their foreign currency into roubles
Vladimir Putin is reportedly planning to hold a meeting with Russian policymakers on Wednesday in order to discuss reintroducing some capital controls to help prop up the struggling rouble.
Citing a Russian finance ministry proposal, the Financial Times said large exporters could be forced to convert up to 80% of their foreign currency into roubles in order to raise demand for the currency.
About Author
More Stories
DeepSeek blocked from some app stores in Italy amid questions on data use
Biggest US trading allies brace for a ‘game of chicken’ with Trump’s tariffs
SoftBank ‘in talks’ to invest up to $25bn in OpenAI