Putin's aide has dim view of Russian cbank policy

This year's actual rouble rate exceeded the projected level by some 40%-50%, Andrey Illarionov, Russian President Putin's adviser for economic affairs, said at the joint session of the Duma banking and budget committees, at which the monetary policy of the Russian central bank for 2001 was discussed today.

Illarionov noted that the central bank's monetary policy for 2000 projected a rate of R32 to the US dollar, while at the end of the year it is actually less than R28 to the dollar

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