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URGENT: Capital movement to be unrestricted from 2007 - minister

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MOSCOW, October 20 (RIA Novosti) - All limitations on capital movement will be cancelled in Russia in 2007, the finance minister said Thursday. "The Central Bank has already started to abolish them gradually," Alexei Kudrin said at a video investment conference.

He said only the market would assess the country's investment climate. Russia is much better prepared for the liberalization than in 1998, he said.

Kudrin added a convertible ruble was the objective for the next two years.

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