Silver Intel Report
Trade Policy

Russia's Putin limits cash and gold exports

By GATA March 26, 2026 Bearish
By Elena Teslova Anadolu Agency, Ankara, Turkey Thursday, March 26, 2026 Russian President Vladimir Putin signed decrees Wednesday restricting cash and gold exports as part of a broader campaign to combat the shadow economy and curb capital flight. Under one decree, carrying ruble cash across the border of Russia to the Eurasian Economic Union will be prohibited in the amount equivalent to more than $100,000 at the exchange rate of the Bank of Russia from April 1, with certain exceptions. ...
By Elena Teslova Anadolu Agency, Ankara, Turkey Thursday, March 26, 2026 Russian President Vladimir Putin signed decrees Wednesday restricting cash and gold exports as part of a broader campaign to combat the shadow economy and curb capital flight. Under one decree, carrying ruble cash across the border of Russia to the Eurasian Economic Union will be prohibited in the amount equivalent to more than $100,000 at the exchange rate of the Bank of Russia from April 1, with certain exceptions. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bullion Since 1973 USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: http://www.USAGold.com USAGold: Great prices, quick delivery -- all the time. The other decree bans the export of gold bars weighing more than 100 grams from Russia starting May 1. It includes some exceptions and does not apply to commercial banks. Both decrees were published on the government portal. Despite official efforts to digitize, cash demand has increased, with a net cash outflow of roughly $13.2 billion from the banking system in January 2026 alone, driven by businesses moving into the shadow sector to avoid rising value-added tax and other taxes. Russian Deputy Finance Minister Alexei Moiseev said gold is increasingly being used as a substitute for foreign exchange in illicit transactions, fueling capital flight and money-laundering activities. ... ... For the remainder of the report: https://www.aa.com.tr/en/asia-pacific/russia-s-putin-limits-cash-and-gold-exports/3879468# * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of US$500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png
Topics: Russiacash exportsgold exportscapital flightshadow economy