Russia prohibits exportation of cash forex exceeding $10,000 - presidential decree

MOSCOW. March 1 (Interfax) - In addition to foreign currency control measures with regard to legal entities and the stock market, Russia is also introducing similar restrictions for individuals.

"Starting March 2, 2022, the exportation of cash foreign currency and (or) monetary instruments denominated in foreign currency from the Russian Federation in the amount equivalent to over $10,000 and calculated at the Russian Central Bank's official exchange rate as of the date of the exportation shall be prohibited," a decree signed by Russian President Vladimir Putin and circulated by the Kremlin press service says.