The Ministry of Finance proposed to give the president the right to regulate the currency sphere

The Ministry of Finance of the Russian Federation has prepared a new draft of amendments to the law "On Currency Regulation and Currency Control", which will give the president of the country the right to regulate the currency sphere, including the introduction of currency restrictions. This was reported by Interfax on October 20.

It clarifies that the presidential decrees will be equivalent to the regulation in this area will be equivalent to the federal law.

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