Currency dispute exposes Moscow rift

Author (Person) ,
Series Title
Series Details 18.2.09
Publication Date 18/02/2009
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A senior Russian official, Vladimir Yakunin, ­called on the 17 February 2009 for the immediate imposition of exchange controls to ensure the foreign currency spent supporting the rouble was not taken out of the country.

The remarks from Mr Yakunin, the head of state-run Russian Railways and a close associate of Vladimir Putin, the prime minister, were seen as a thinly veiled attack on Alexei Kudrin, the liberal finance minister and the man behind recent efforts to defend the rouble by drawing $200bn (€159bn, £141bn) from the country’s currency reserves.

Related Links
BBC News, 19.2.09: Russian rail boss criticises bank http://news.bbc.co.uk/1/hi/business/7900494.stm
Russia Today, 17.2.09: Medvedev and Putin losing people’s support http://rt.com/news/

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