CBR likely to amend monetary policy framework

The Bank of Russia last week submitted to the Duma "Guidelines for the government's unified monetary and credit policy in 2001". The covering letter signed by central bank's head Viktor Gerashchenko says "the amended version of the document was approved by the Bank of Russia's board on 27 November 2000". "Additional changes can be introduced into the document after the bill "On the federal budget for 2001" is adopted."

Compared to the draft guidelines of October 1, the wording of the present p

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