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Putin signs law on doubling deposit insurance to guarantee savings of up to $27,500

December 29, 2014, 10:51 UTC+3
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MOSCOW, December 29. /TASS/. Russian President Vladimir Putin on Monday signed a law on raising the deposit insurance from 700,000 rubles to 1.4 million rubles (around $27, 500).

The document, proposed by the lower house of parliament, the State Duma, on December 19, was approved by the upper house, the Federation Council, on December 25.

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