Russian PM says central bank to continue float

RUSSIA - The central bank and the government of Russia will ensure the stability of the rouble rate in 2003, but the rouble rate should correspond with economic development, Prime Minister Mikhail Kasyanov said at a government session on Wednesday.

Kasyanov said that in carrying out monetary policy in 2003, the central bank intends to play more of a role in the regulation of monetary-credit circulation, with the help of interest rates. "This will enable the financial market and industry to be