IT IS QUITE NORMAL THAT RUSSIA'S INVESTMENT RATING WAS RAISED - KUDRIN

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MOSCOW, JANUARY 29, 2004. Vice-Premier of the Russian Government and Finance Minister Alexei Kudrin opines that the raising of Russia's investment rating is a quite normal process.

The Moody's decision on raising Russia's investment grading rating taken last summer was adequate, and the raising of Russia's rating by Standard & Poor's the other day has made Russia one more step nearer to the investment level.

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