Russia Won't Buy Stocks to Prop Up Equity Market, Finance Minister Says

(Bloomberg) -- Russian Finance Minister Alexei Kudrin
said the government won't buy stocks to cushion the country's
equity market, a day after President Vladimir Putin urged
ministers to consider doing so.

``The government will not invest in any individual stocks to
support them,'' Kudrin told investors today at a conference in
Moscow organized by Troika Dialog, Russia's second-biggest
independent investment bank. ``Any injection of this sort would
be negative.''


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