Russian exporters are required to sell 80 percent of their foreign currency earnings

In the written statement made by the Ministry of Finance of Russia, it was stated that a new decision was taken regarding the foreign exchange market in the country.

"As of February 28, Russian exporters have been obliged to sell 80 percent of their foreign exchange earnings within the scope of all foreign trade agreements," the statement said. statement was included.

According to the data of the Russian Federal Customs Service, the country's exports increased by 45.7 percent in 2021 compared to the previous year, reaching $493.3 billion, while its imports increased by 26.5% to $296.1 billion.