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2026-03-26 08:30:37 According to foreign media reports, Russian President Vladimir Putin has signed two decrees to restrict the export of cash and gold, aiming to combat the underground economy and curb capital outflows. Under one of the decrees, starting next month, except for specific exemptions, it will be prohibited to carry ruble cash equivalent to more than USD100,000 from within Russia into the Eurasian Economic Union. Another decree stipulates that from May, the export of gold bars weighing more than 100 grams will be banned. The decree includes several exemptions and does not apply to commercial banks. Russian Deputy Finance Minister Alexei Moiseev stated that gold is increasingly being used as a substitute for foreign exchange in illegal transactions, fueling capital outflows and money laundering activities. (fc/da) AASTOCKS Financial News Website: www.aastocks.com | |