(Reuters] – On Tuesday, the Russian central bank announced that it has decided to relax currency control for export-oriented Russian companies. This is in addition to its existing measures for controlling foreign currencies.

The requirement to sell the foreign currency these businesses have earned remains in effect. However, currency acquired after April 19, can now be traded within 60 days. This is an improvement on the current three-day period, according to the central bank.

The rule will be in place until Sept. 1, although it could be extended at any time, as the regulator stated.