Russia Central Bank Tightens Cash and Gold Export Restrictions

The Central Bank of Russia, alongside the Ministry of Finance, announced imminent tightening of restrictions on exporting cash and gold from the country, citing practical demands. This move signals heightened capital controls amid ongoing economic pressures, potentially affecting foreign currency liquidity and gold flows. The exact scope and timeline remain unspecified, but the measure underscores Russia's continued financial isolation and efforts to preserve domestic reserves.