Russian c.bank sets commission on fx purchases via brokers at 12%

Russian c.bank sets commission on fx purchases via brokers at 12%

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A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: “Bank of Russia”. REUTERS/Maxim Shemetov

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MOSCOW, March 4 (Reuters) – Russia’s central bank said on Friday it had lowered the fee on foreign exchange purchases by individuals via brokers to 12% from 30% and set the same fee for companies and other legal entities.

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Reporting by Reuters; editing by Guy Faulconbridge

Our Standards: The Thomson Reuters Trust Principles.

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