Russian fin min proposes liberal forex regulations

RUSSIA - In light of lessening capital flight from Russia, the Finance Ministry is prepared to further liberalize forex regulations, Deputy Prime Minister and Finance Minister Aleksey Kudrin said at a press conference on Tuesday.

At present, the Finance Ministry, the Economics Ministry and the Central Bank are revising the law on forex regulation and control, Kudrin said. The draft will probably be considered at a governmental meeting on 21 November.

After visiting the office of the Russian Fin