The actual amounts that are to be turned over have not yet been made public, though Kommersant's sources suggested that the new regulation would require turning over all foreign currency earned after Oct. 1 of this year.
Based on this hypothesis, a figure of $40-50 billion has been calculated, coming mostly from the energy giants Gazprom and Rosneft. Other companies included in the new regulation would be diamond manufacturers such as ALROSA and Kristall.
The new measure is aimed at shoring up the vulnerable ruble, which has lost over 50 percent of its value this year. On Dec. 16, the ruble saw its value drop by more than 20 percent in one day, reaching lows unprecedented since the government default of 1998.