Bank of Russia considers feasible to convert state companies’ funds from dollars and euro
MOSCOW, August 4. /TASS/: The Bank of Russia believes that it is reasonable to convert accumulated funds of state-owned companies to different currencies, the regulator said on its website.
"It is feasible for nonfinancial organizations to convert accumulated funds in currencies of unfriendly states to other currencies. The release of relevant directives (recommendations) by the Russian government will be justified in respect of companies with the government participation," the Central Bank said.