Zee Beam News

RBC, 06.12.2005, Moscow 19:06:10.The Finance Ministry and the Central Bank are discussing the possibility of abolishing restrictions on capital transactions. Discussion is in progress, Finance Minister Alexei Kudrin told journalists. The current restriction on capital inflow is up to half a year and for capital outflow - up to 15 days. This change will liberalize the capital and investment market and increase the economy's appeal for foreign investors. Though there is a risk of a considerable speculative capital inflow.