Eurasian central bank cooperation taken up a notch

Russian president Vladimir Putin

Representatives from the central banks of Armenia and Kyrgyzstan attended a regional meeting on foreign exchange policy for the first time ever last week, in the wake of the Bank of Russia's decision to let the ruble float.

Their attendance at the 'Advisory Council' meeting reflects the growing cooperation of central banks in the region, ahead of the introduction of the Eurasian Economic Union on January 1, 2015.

Comprising Belarus, Kazakhstan and Russia, the union will be one of the most advanc

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