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Russia allows residents to send security trading proceeds to foreign accounts
Abstract:Russia allows residents to send security trading proceeds to foreign accounts

Russia has scrapped a ban on Russian residents channelling funds they raise in securities trading with non-residents to foreign banks' accounts, the finance ministry said on Thursday.
The decision came into force on June 17, the ministry said.
Russia is gradually relaxing capital controls it imposed shortly after sending tens of thousands of troops into Ukraine on Feb. 24. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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