Money Matters: Negotiating The Ruble

BIGTIMEMOSCOW

In the era of internet transfers and credit card payments sometimes we can feel paralyzed when called upon to pay cash for something. However, in Russia it is still common to carry cash in order to pay for bus and metro tickets, purchases in small stores, when making use of taxis from smaller local companies, for groceries, and for use in emergencies.

Clients can legally only be charged in rubles; however a few places in the city do show prices in euro or dollars.

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The law for crossing the border with foreign currency is the same for Russians as well as for foreigners: each person may take no more than $10,000 USD into or out of Russia. If your requirements exceed this amount the following declaration form has to be completed:
http://eng.customs.ru/index.php?option=com_content&view=article&id=1009:passenger-customs-declaration&catid=36:passenger-customs-declaration&Itemid=1907&Itemid=1880

It is important to note that this sum includes travelers’ checks. Credit cards however are not checked.

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