According to the source, the soldiers, members of the Defense Ministry's Zapad (West) battalion, were traveling in a Mitsubishi vehicle when the shots were fired at around 10:30 p.m. local time on Wednesday.
As a result of the shooting, one soldier died, while the unit commander and another serviceman were injured.
In a separate incident in neighboring Daghestan's capital, five police officers were injured after gunmen opened fire on their police post overnight.
The shooting follows the death of four soldiers who were killed as they traveled in an army vehicle in the south Russian Republic of Ingushetia earlier this week.
Daghestan and Ingushetia, which both border Chechnya, have seen a sharp increase in attacks on law enforcement and military personnel during the first eight months of 2008.
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The main event of the third day of the 11th meeting of the Valdai International Discussion Club in Sochi was the closing session with President Vladimir Putin. The atmosphere was calm and open, despite the current political tensions and the Russia-West confrontation. The Russian president said that it corresponded to the spirit of the Valdai Club.