DUMA won't deprive Russia's c bank of independence

RUSSIA - During a meeting of the working group of the Duma for the bill on the Central Bank on 12 November, deputies failed to come to agreement as to which body, the National Banking Council (NBC) or the Board of Directors, would govern the Central bank.

At first the deputies reduced the number of NBC members from 13 to 12 according to a proposal of Mikhail Zadornov, simultaneously reducing the quota of the Duma in the council from six to five members. Members of the group were surprised by t

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