Russia has tightened capital controls to help prop up rouble, report says

Western companies that sell their Russian assets restricted from taking proceeds in dollars and euros

Russia has reportedly imposed additional currency controls in an attempt to prop up the falling rouble, restricting western companies that sell their Russian assets from taking the proceeds in dollars and euros.

International companies that want to exit Russia after its invasion of Ukraine have to sell their assets in roubles under new government restrictions, according to the Financial Times, which cited people familiar with the matter.