The State Duma said on its website it had passed the bill in all three required readings - speeding up a process which can sometimes see bills languish in parliament for weeks. It will now need to be passed by the upper house of parliament and then signed into law by President Vladimir Putin.
The draft law is seen as a response to a dramatic slide in the rubleRussia's parliament rushes through bill boosting banking capital
TOP READS FROM THE FISCAL TIMES
-
Lawsuit saying Twitter aided Islamic State thrown out by U.S. appeals court
(Reuters) - A federal appeals court in San Francisco ruled on Wednesday that Twitter Inc is not liable to families of... -
Boeing ends Wall St.'s slide, Fed caution limits gains
(Reuters) - A surge in Boeing led Wall Street out of a two-day slump on Wednesday, but U.S. stocks pared gains in early... -
U.S. food distributors allege Tyson Foods, rivals fixed chicken prices
CHICAGO (Reuters) - Top U.S. food distributors Sysco Corp and U.S. Foods Inc have sued the country's biggest chicken...