Support The Moscow Times!

Belarus Tightens Conversion

Belarussian President Alexander Lukashenko signed an order requiring more companies to convert foreign-currency revenue into rubles, Interfax reported, citing a statement from the president's press service.

Companies including oil refiners, which are deemed strategic, had been exempted from a rule forcing companies to convert 30 percent of their foreign-currency revenue into rubles, the news service reported Monday.

(Bloomberg)

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.