Source Pravda.Ru

Deputies suggest obligatory sale of currency revenues below 30%

The Narodny Deputat (People's Deputy) group is going to suggest an amendment at the second reading of the bill on currency regulation and currency control regarding the volume of obligatory sale of foreign currency from export revenues. This information was released in a conversation with journalists by deputy head of this deputy group Anatoly Aksakov, who is also Chairman of the Russian State Duma Committee for Economic Policies.

According to him, the new version of the bill, introduced to the State Duma by the Russian government and adopted on the first reading, envisages this amount at 30 percent. Deputies in turn suggest setting this volume below 30 percent. Aksakov pointed out that due to this, the Russia Central Bank would be able to regulate the amount of obligatory sale of foreign currency from export revenues from 0 to 30 percent.

The amendment is to be presented before April 2003.

Aksakov reported that he had discussed this issue with Senior Deputy Chairman of the Central Bank Oleg Vyugin; the Central Bank had nothing against this amendment.

Comments
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia’s sanctions against Ukraine send message to Washington
World War I: Remembering the fallen, and the war criminals
Sanctions do not stop foreign countries from buying Russia's S-400 systems
Norwegians complain of demoralised NATO soldiers
NATO to build prestrike staging base in Georgia
On the report of Human Rights Watch against the DPRK
2018: A critical lack of common sense in world governance
NATO to build prestrike staging base in Georgia
Russia unveils nuclear-powered interstellar spaceship
Russia unveils nuclear-powered interstellar spaceship
Capital outflow from Russia sets new records
Putin prepares bitter and hysterical missile surprise to 'American partners'
Putin prepares bitter and hysterical missile surprise to 'American partners'
Austria will not ruin its friendship with Russia despite spy scandal
The difference between Polish and Ukrainian nationalism is plain to see
Russia unveils nuclear-powered interstellar spaceship
The difference between Polish and Ukrainian nationalism is plain to see
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it
Russia loses nuclear-capable cruise missile in Barents Sea. US intelligence finds it