CBR hopes to prevent central bank law amendments

RUSSIA - The Central Bank of Russia will make every effort to prevent amendments to the law on the Central Bank, approved by State Duma profile committees, from being passed by the Duma in a second reading.

It is not a case of the Central Bank not needing amendments, but the fact is that they are unnecessary and absurd, Central Bank Chairman Viktor Geraschenko said at a meeting with regional lawmakers on lawmaking in 2001 and the outlook for 2002 on Monday.

Geraschenko particularly criticized t