A ban on currency exchange offices introduced by Russia's Central Bank has come into force on Friday, reported Russian media.
The Prime-Tass news agency reported that currency exchange offices could be reformed into larger departments providing a broader number of services as well. But they can not use the title "currency exchange office" anyway.
Some bank employees said their currency exchange offices outside the banks' buildings would be transferred into "cash offices" providing extra services as remittances, so as to continue its work.
The Central Bank announced the decision to ban little currency exchange offices in February 2010. Media reported the number of the office has reduced twice since, with the majority placed in Moscow.
Statistics show there are 139 exchange offices in Russia by Sept. 29, but it is generally believed the number does not correspond to reality.
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