Foreign currency purchase fee to be cancelled today

The foreign currency purchase fee will be cancelled for physical persons on Friday, January 9, according to the National Bank's resolution yesterday.

The foreign currency purchase fee was introduced on December 20. It was 30% and was decreased to 20% on December 30 and to 10% – on January 6. The fee was supposed to stop the foreign currency rush in the country.

The prime rate will increase by 5% on January 9. The annual interest rate will total 25%. The National Bank is going to do everything ‘to slow the inflation rate, provide financial and macroeconomic stability and balance the interests of investors and debtors’.

Photo: ria.ru