In Russia, the requirement for the sale of foreign exchange earnings of exporters has been reduced from 80% to 50%

According to the Ministry of Finance of Russia, the corresponding decision was made on May 23 in connection with the stabilization of the ruble exchange rate, as well as the achievement of a sufficient level of liquidity in foreign currency in the domestic foreign exchange market.

Earlier it was reported that the government and the Central Bank took a number of anti-crisis measures, including the Cabinet of Ministers obliged exporters to sell 80% of their foreign exchange earnings. 

Leading analyst at Freedom Finance, Natalya Milchakova, spoke to FAN about the factors affecting the ruble exchange rate.