Commission for Purchase of Foreign Currency on Stock Exchange Increased to 30% in Russia
OREANDA-NEWS Brokers on the instructions of the Central Bank from March 3 will charge a commission of up to 30% when individuals buy dollars, euros and pounds on the stock exchange. This information Znak.com confirmed in two Russian banks and participants of the brokerage market. The so-called "barrage commission" will be calculated from the amount of the transaction with the currency.
According to economists who refer to the instruction of the Central Bank, the commission of 30%, which brokers must now take from individuals when buying currency on the stock exchange, according to the idea should "level the competitive conditions between banks and brokers."
On the eve of the sanctions, the European Union banned the sale, supply, transfer and export of euro banknotes to Russia. Among other sanctions decisions - the shutdown of seven Russian banks (VTB, Rossiya, Sovcombank, Otkritie, Novikombank, Promsvyazbank and VEB.FR) from the SWIFT system.
On February 24, Russian President Vladimir Putin announced the start of a "special military operation" in Ukraine. Its goal is "demilitarization and denazification of Ukraine."
There are protracted bloody battles in Ukraine. There are no exact data on the number of dead and injured. On March 2, the Ministry of Defense of the Russian Federation for the first time provided data on losses: 498 servicemen were killed, 1,597 wounded. The Ukrainian authorities claim that there are many times more victims.
More than 7 thousand people were detained at anti-war rallies across Russia.
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