Central Banking

CBR deputy says may be changes in monetary policy

The Central Bank of Russia may introduce changes to major directions of the monetary policy, stated Georgy Luntovsky, the deputy head of the central bank, at today's press conference in Nizhny Novgorod.

According to Luntovsky, the changes are possible after the fourth reading of the 2001 budget. Yesterday, the board of the central bank discussed the final variant of major directions of the monetary policy. The document is to be presented to the State Duma on 1 December 2000. Luntovsky also noted

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