Rouble Falls Sharply As Russia Relaxes Some Capital Controls
Sign up now for FREE unlimited access to Reuters.com Register April 11 (Reuters) – The Russian ruble fell sharply in volatile trading on Monday, reversing some of last week’s gains after the central bank decided to relax temporary capital controls to curb the currency. Late Friday, the central bank announced that it would abolish the 12% commission for buying foreign currency through brokerage agencies from April 11 and lift the temporary ban on selling foreign currency cash to individuals from April 18....