Putin signs decree to prohibit Russians from leaving country with more than $10,000

President Vladimir Putin has signed a decree to prevent Russians from leaving the country with more than $10,000 (€9,000) in foreign currency, according to state media.

The move is an attempt to "ensure Russia’s financial stability" according to a statement from the Kremlin's press office.

Since last week's Kremlin-instructed invasion of Ukraine got underway, Western sanctions have threatened to send the Russian economy into a tailspin.