Source Pravda.Ru

Gradual loosening of currency regulations can be expected in Russia

One should expect that a gradual, step-by-step liberalization of currency regulations would be conducted in Russia, Central Bank Deputy Chairman Oleg Vyugin said in an interview with the RTR state television. "If we see that the economy is developing, and there is a rise in investments and a reduction in the capital outflow, then some liberalization of these regulations can principally be acceptable," Vyugin pointed out. "If we see the contrary, i.e. we see that capitals are fleeing from Russia, posing a threat to stability, we will simply be forced to impose restrictions on capital operations," first deputy chairman of the Central Bank emphasized. Answering deputies' questions at a joint meeting of the Banking and Budget Committees of the State Duma, Vyugin stated earlier that he considered a cancellation of the compulsory sale of a part of export revenues premature. In his view, a compulsory sale of export revenues looks "artificial and useless" in a normal market economy. However, according to the Central Bank official, the Russian economy is not entirely a market economy yet, because it has "a big disproportion between prices (of different types of products)."

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten

Any society which permits shocking acts of cruelty to animals is one without morals, without values, one of sub-human parasites. Reader discretion advised.

Yulin, China: Where dogs are tortured to death and eaten
Comments
Breaking news: Putin to hold secret meeting with China's Xi Jinping and DPRK's Kim Jong-un
Breaking news: Putin to hold secret meeting with China's Xi Jinping and DPRK's Kim Jong-un
Breaking news: Putin to hold secret meeting with China's Xi Jinping and DPRK's Kim Jong-un
Yulin, China: Where dogs are tortured to death and eaten
Gasoline prices in Russia: Free like a bird after elections
Russia and USA clip the wings of their planes
Gasoline prices in Russia: Free like a bird after elections
Gasoline prices in Russia: Free like a bird after elections
Gasoline prices in Russia: Free like a bird after elections
Gasoline prices in Russia: Free like a bird after elections
Russia introduces additional duties on imports of US goods
Russia introduces additional duties on imports of US goods
Russians start protesting against retirement age law
Russia considers changing national anthem to 'God save the Tsar!'
Russia may voluntarily return Crimea to Ukraine
Russia may voluntarily return Crimea to Ukraine
Yulin, China: Where dogs are tortured to death and eaten
Russia may voluntarily return Crimea to Ukraine
Can the World Cup change the world?
The West persistently pesters former USSR with regime changes and revolutions
Ukraine's Yulia Tymoshenko's new look raises many questions