The Central Bank lifted restrictions on the purchase of foreign currency for investors from unfriendly countries

The Central Bank of Russia has lifted restrictions on the purchase of foreign currency for foreign investors from unfriendly countries who invest under the new rules. This was announced on August 1 on the regulator's website.

"The Bank of Russia has lifted restrictions on the purchase of foreign currency on the domestic market for foreign investors from unfriendly countries who will enter the Russian market and invest according to the new rules," the publication says.

It is specified that foreigners with open "C" accounts will also be able to invest using "In" accounts using new money.

At the same time, a limited mode will remain for assets in the "C" accounts. According to the publication, foreigners will not be able to use these funds for investment purposes.

A game for promotion: The Central Bank clarified the criteria for obtaining the status of a qualified investor

Why did it take this and what other changes do the sector need?

Earlier, on July 21, Alexander Schneiderman, head of Alfa-Forex's customer support and sales department, urged those wishing to purchase dollars before the end of summer due to the possible weakening of the ruble in the second half of July. According to him, the price of the US currency may remain comfortable until the beginning of autumn.

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