Re:McDonald’s to Exit from Russia
by throw-ru-938 on Monday May 16, 2022 @09:44AM
(#31397063)
Russians are in fact allowed to buy USD (provided the bank actually has the physical dollar notes). The earlier prohibition on buying foreign currency has been relaxed.
[ Parent
| on HN ]
They aren’t. They can buy virtual USD, but can only physically withdraw up to $10k per year. And if they receive USD, they are required by law to deposit 80% of it within three days.
Re:McDonald’s to Exit from Russia
by throw-ru-938 on Wednesday May 18, 2022 @04:41AM
(#31420508)
> They can buy virtual USD, but can only physically withdraw up to $10k per year.
This applies to withdrawing cash from bank accounts. AFAIK there is no limit on exchanging RUB cash into USD/EUR.
> And if they receive USD, they are required by law to deposit 80% of it within three days.
This applies to companies doing exports, not to private citizens. (Although admittedly citizens don't have many ways of getting dollars.)
(Source: I'm Russian and still follow the news from there)