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Russian central bank to study legality of banks’ plans for fees on FX accounts -Breaking


© Reuters. FILE PHOTO A view of the Central Bank Headquarters in Moscow, January 30, 2015 is shown. REUTERS//File Photos

(Reuters) – Russia’s central bank stated Friday that it will examine the legality for some banks to impose foreign currency fees. It warned clients not to be adversely affected by lenders’ actions.

According to the central bank, banks cannot impose fees on foreign currency accounts that have been opened already.