Kirill Vikulov


In the past few days the following key restrictive measures were introduced to support the ruble exchange rate and the Russian economy: Russian foreign trade participants (e.g. exporters of goods and services) must sell 80% of their foreign currency revenues resulting from any kind of foreign trade contracts within 3 days from receiving them on their Russian bank accounts. This requirement applies to revenues received starting from 1 January 2022.Starting from March 2022 Russian residents,…