Summary
- Russia’s Central Bank will extend limits on foreign cash withdrawals to $10,000 until March 2025.
- Restrictions were put in place after the U.S. and EU halted cash transfers to Russia.
- Customers with foreign currency accounts can only withdraw up to $10,000 in USD or euros, with remaining funds available only in rubles.
- Since the ban began, Russia has imported an estimated $2.27 billion in dollars and euros from unsanctioned countries.