ANNOUNCEMENT 17 Dec 2014
In December 2014, the government of the Russian Federation announced a rule change for commercial cross-border financial flows.NUMBER OF INTERVENTIONS
1
SOURCE
1. ( ) ??, ? ''?, ? ''?, ?? ? ''?
http://government.ru/news/16277/
2.
http://top.rbc.ru/finances/23/12/2014/549978d49a79476dbdbb83fc
3. : ?
http://www.bbc.com/russian/uk/2015/08/150824_brit_press
4.
http://neftegaz.ru/news/view/133433
5.
http://top.rbc.ru/finances/05/12/2014/5481c54ccbb20f7069c0a050
6. 2014
http://government.ru/news/17768/
7.
http://top.rbc.ru/finances/23/12/2014/5498c5309a794751e2aa5b38
8.
http://www.interfax.ru/business/415029
9.
http://www.kommersant.ru/doc/2639259
10.
,
http://www.alrosa.ru/wp-content/uploads/2014/12/961-%D0%9D%D0%A1-224-%D1%80%D0%B5%D1%88%D0%B5%D0%BD%D0%B8%D1%8F.pdf
http://www.interfax.ru/business/415029
11. Zarubezhneft http://www.nestro.ru/media/filer_public/6c/7d/6c7d1b53-585a-4ffb-8dfc-6d283a93e806/ar14_zarubejneft_rus_2014.pdf
12. Russian rouble hits new low as oil prices plunge further http://www.telegraph.co.uk/finance/currency/11820755/Russian-rouble-hits-new-low-as-oil-prices-plunge-further.html
Controls on commercial transactions and investment instruments
According to directive 8495-13 of 17 December 2014, the five largest state-owned Russian exporters (open joint-stock companies "Gazprom", "Rosneft", "ALROSA", "Zarubezhneft" and "Crystal") must ensure by 1 March 2015 that their companies' net currency assets are not higher than their balance as of 1 October 2014.
According to this document, subsequent maintenance of net foreign assets also must not surpass the mentioned level. Furthermore, the five largest state-owned Russian exporters must submit to the Central Bank of Russia a weekly report about the net currency balance. Any resulting sales of foreign currency and purchases of the Russian ruble may have knock-on effects in the currency markets. This measure may also reduce Russian demand for foreign financial assets.
AFFECTED SECTORS
AFFECTED PRODUCTS