Russia has charged a 30% commission on foreign currency purchases by individuals on currency exchange platforms, the brokers said.
The brokers claimed that this fee was imposed by the Russian Central Bank and circulated by letter to the platforms of trading authorized.
On Monday, the Kremlin announced that President Vladimir Putin had ordered measures in support of the ruble, which pays Western sanctions related to the conflict. in Ukraine by preventing residents in Russia to transfer funds abroad.
Russia is trying to prevent its currency from collapsing, but Central Bank Governor Elvira Nabiullina acknowledged that sanctions against the central bank mean it cannot intervene to prevent the ruble from declining.
The Institute of International Finance estimates that around 40-50% of Russia’s reserves, which were officially valued at $ 640 billion in mid-February, are now under sanctions, which means out of reach.
The governor of the Russian central bank confirmed that $ 1 billion was injected to calm the ruble until March 1.
Among the foreign reserves that may be available for Russia are about 20% in the form of gold stored on Russian soil and about 14% in China.
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