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Putin restricts cash rouble exports to Armenia, other countries

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Russian President Vladimir Putin restricts cash exports to certain countries.

What happened

Russian President Vladimir Putin signed a decree banning individuals from taking more than 1 million roubles in cash out of Russia to Armenia and several other countries. The restriction applies to cash exports to Russia's fellow members of the Eurasian Economic Union, including Armenia, Belarus, Kazakhstan, and Kyrgyzstan, as well as Azerbaijan, Tajikistan, and Uzbekistan. The decree was published on Russia's official legal information portal.

Why it matters

The decree may impact individuals traveling to or from these countries, potentially affecting their ability to carry large amounts of cash. The restriction may also have implications for trade and economic activity between Russia and the affected countries. The decree's specifics and long-term effects are not immediately clear.

Key facts

  • Individuals are restricted from taking more than 1 million roubles in cash out of Russia.
  • The restriction applies to cash exports to Armenia, Belarus, Kazakhstan, Kyrgyzstan, Azerbaijan, Tajikistan, and Uzbekistan.
  • The decree was published on Russia's official legal information portal.

Publisher evidence used

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