“A decision was made to allow resident individuals to credit their accounts opened with foreign banks and other organizations of the financial market with funds in foreign currency received from non-residents in transactions with securities,” the message says.

Residents were also allowed to credit their foreign accounts with funds received from the redemption of securities held by a foreign depository, foreign bank or other foreign financial market organization.

It is clarified that the permit is valid for an unlimited period from June 17.

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

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