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.
More Stories
Internet shutdowns at record high in Africa as access ‘weaponised’
Peter Dutton defends attending Hemmes fundraiser as Cyclone Alfred approached Queensland
Mark Carney to be next Canada PM after winning Liberal leadership race