Global Trade Alert
Global Trade Alert

Back to state act

Russian Federation: Higher Reserve Requirement on Liabilities in Foreign Currency

Description

On 31 May 2019, the Bank of Russia decided to raise Russian banks' reserve requirements on foreign-currency-denominated liabilities to individuals by 1 percentage point, to 8%, effective 1 July 2019. ...

Sign in to see full description

Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

01 Jul 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products

Threads

See all

This intervention is not part of any Thread yet.