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Putin signed a decree banning the taking of more than 1000000 rubles in cash from Russia to neighboring countries.
Putin signs decree: ban on taking more than 1000000 rubles in cash from Russia to neighboring countries
PANews September 29 reported that the Kremlin published the text of a decree signed by Putin, banning the taking of more than 1000000 rubles (approximately 12000 USD, approximately equivalent to 85000 yuan CNY) in cash from Russia to neighboring countries.
Source: https://www.panewslab.com/zh/articles/01a0ecac-f17c-73a1-bd23-778722fa749f
The Kremlin published the text of a decree signed by Putin.
The decree bans taking more than 1000000 rubles in cash from Russia to neighboring countries.
The report converted 1000000 rubles to approximately 12000 USD, approximately 85000 yuan CNY。
PANews reported the news on September 29.
The following is analysis, separate from reported facts. Verify important claims independently.
This decree sets a monetary limit on taking cash from Russia to neighboring countries: amounts exceeding 1000000 rubles fall within the prohibition. The available materials do not specify the applicable persons, the neighboring countries concerned, the effective date, or any exceptions.
The regulation directly concerns the transfer of large amounts of cash from Russia to neighboring countries; existing evidence cannot confirm whether or how it affects cross-border capital flows or the ruble.
If it is necessary to take a large amount of ruble cash from Russia to a neighboring country, check whether the amount exceeds 1000000 rubles, and verify the original decree and its implementing rules before proceeding.
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