Currency regulation divides Russian officials

The proposed removal of Russia's currency controls which we reported last week seems to have set the government against the central bank who are calling for a more conservative approach.

Forthcoming currency liberalization has caused a major split between Russian Prime Minister Mikhail Kasyanov, backed by the business community, and the Russian Finance Ministry and Central Bank, advocating more conservative approach to the issue. Russian heavyweight broadsheet Kommersant is looking into the

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