Central Banking

Russia cbank chief sees few results from IMF visit

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Russia's central bank chief said on Jan. 27, 2000, he expected little from a visit to Moscow by an IMF mission next week, although agreement with the Fund is needed for Russia to start restructuring talks with the Paris Club. He also saw no reason why the government could not borrow from the central bank to help meet its foreign debt obligations. "I do not think this (IMF) visit will result in anything concrete," central bank chief Viktor Gerashchenko told reporters on the sidelines of the Davos

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