The State Duma adopted a law on new regulation of foreign exchange transactions

It is reported by TASS.

It is noted that the initiative is aimed at improving the currency legislation in matters of control over residents' transactions in foreign currency and bringing its standards in line with the norms of the country's Tax Code.

Earlier it was reported that the EAEU and African countries began to discuss settlements in national currencies.

According to the head of the Eurasian Economic Commission, Tigran Sargsyan, swap operations between central banks will be a good option for interaction, as they will allow avoiding the use of third currencies and correctly assessing currency risks.

In October, Russia and Turkey signed an agreement on settlements and payments in national currencies.

Expert Mikhail Belyaev in an interview with the FBA “Economics Today” commented on the signing of this agreement.