Belarus bank chief dismisses currency union idea

BELARUS - Meeting deputies of the Belarusian National Assembly's House of Representative [lower house of parliament] today, the chairman of the National Bank of Belarus, Pyotr Prakapovich, said that the introduction of a single currency of the union state [of Belarus and Russia] in 2003 "is not feasible or realistic".

Several Russian politicians, including the union state secretary, Pavel Borodin, recently stated that a single currency could be introduced in 2003. "This statement has no groun