Ministry of Finance: the government commission canceled the requirement to sell 50% of the foreign exchange earnings of Russian exporters

This is stated in the message on the website of the department.

Also, a subcommittee under the Ministry of Finance of Russia allowed exporters to credit foreign exchange earnings to foreign accounts. 

Residents are entitled to credit their foreign bank accounts with foreign exchange earnings received from non-residents under foreign trade agreements.

Earlier, Russian President Vladimir Putin lifted the requirement for exporters to sell 50% of foreign exchange earnings.

As reported, the size of such a sale will now be determined only by the government commission for the control of foreign investment.