Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
Document
Resolution of August 14, 2025 No. 1210
For Russian exporters, the amount of mandatory repatriation and sale of foreign currency earnings has been reduced to zero. The decree on this was signed by Prime Minister Mikhail Mishustin.
The decision was made in connection with the strengthening and stabilization of the national currency exchange rate, as well as the absence of problems with foreign exchange liquidity.
Previously, the largest Russian exporters were required to deposit at least 40% of foreign currency received under foreign trade contracts into their accounts in authorized banks and sell at least 90% of the deposited currency on the domestic market.
The requirement for mandatory repatriation and sale of foreign currency earnings was introduced by a presidential decree in October 2023 to ensure exchange rate stability and the sustainability of the Russian financial market. It applies to exporters working in the fuel and energy complex, ferrous and non-ferrous metallurgy, chemical and forestry industries, and grain farming.
The signed document introduces changes toResolution of May 22, 2025 No. 698.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.