| 29.01.2010 - Russia's Kudrin calls for global currency regulation |
| From Iii.co.uk: Global currency regulation rather than capital controls will help emerging economies through the crisis, Russian Finance Minister Alexei Kudrin said on Thursday. "The 1998 (Russian crisis) had shown that capital controls are not very efficient during the crisis. Shadow exchange is growing and the outflows persist. Our strategy now is a more responsible macroeconomic policy," he said.......................................Full Article: Source |