Russian c bank denies stalling new currency law

RUSSIA - The Central Bank of Russia has denied suggestions that it is deliberately delaying implementation of new regulations intended to liberalize conversion of foreign currency earnings by Russian exporters.

The following is an excerpt from a report by the Russian newspaper Kommersant on 9 July:

The Moscow Interbank Currency Association (MMVA) yesterday distributed a statement to the effect that the [Central] Bank of Russia is deliberately obstructing implementation of the Supreme Court deci

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