CENTRAL BANK MOVES TO BLOCK CAPITAL FLIGHT.

Publication: Monitor Volume: 1 Issue: 63

Acting directorof the Russian Central Bank Tatyana Paramonova said that on August1 Moscow will introduce new controls on capital movement in orderto reduce the flight of capital from Russia of some $300-400 milliona month, Russian radio reported July 29. She said that such capitalflight was behind shortages of both cash and food in Russia.

Yeltsin Sets Up New Funds to End Private Hoarding.