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The Central Bank and the losses on a currency mortgage

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The Central Bank and the losses on a currency mortgage

The distribution of accounting losses from the restructuring of a currency mortgage for the entire period of action of the credit agreement has been permitted by the Bank of Russia for organizations. As reported today on the site of the Central Bank, "The expenses incurred as a result of converting from currencies in mortgage housing loans to Russian rubles can be reflected in the balance account "expenses" or in "expenses for future periods". The permission is effective from the date of the publication in "the Bulletin of the Bank of Russia".


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