Paying in rubles by foreign firms made ‘easier’Russian lawmakers on Wednesday passed an amendment to the tax code that they said would make it easier for foreign companies to open accounts with Russian banks and pay for Russian gas and other goods in rubles. In practice the measure requires foreign gas buyers to open ruble and hard currency accounts at Gazprombank, which will receive their payments in foreign currencies and convert them into rubles via auctions on a Moscow exchange. Reuters
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