Russia lifts temporary ban on forex trading
The Russian Central Bank announced that, starting from April 18, it will again allow foreign exchange trading, after suspending it in early March to study the impact of Western sanctions against Russia.
The Central Bank said that "Russian banks can resume selling foreign currencies in cash to citizens as of April 18, 2022, provided that they sell only foreign currencies that they began receiving as of April 9."
In recent weeks, the ruble has rebounded steadily and reached 71 rubles per dollar on Friday, a record since autumn 2021, and 77 rubles per euro, the highest since June 2020.
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