Moscow March 3 2022: In a sign that Russia’s central bank is trying to stop people from selling their roubles, it has reportedly made it more expensive for individuals to buy foreign currencies.
It has imposed a 30% commission on such purchases on currency exchanges, Reuters reports.
A L S O || R E A D
Turkey inflation accelerated to 54.44 percent in February
The central bank did not immediately reply to the news agency for a request for comment.
Yesterday Russian President Vladimir Putin announced emergency measures to try and prop up the Russian rouble, including banning Russians from transferring money abroad, after the currency crashed to a record low.
In recent days many ordinary Russians have been racing to withdraw cash.