Russia's Geraschenko to step down in a year's time

RUSSIA - Russian financiers were in lively discussion of the probable resignation of Central Bank Chairman Viktor Geraschenko. Until now, Geraschenko always smiled when asked to confirm or deny rumors concerning his impending resignation. On 20 September he announced he was indeed leaving: a year from now.

"It is time to think of my health," Viktor Geraschenko said in an interview with Echo of Moscow radio when asked to explain his disinclination to remain chairman of the Central Bank for another

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