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Politicians calling for discontinuation of currency peg
VILNIUS - Lithuanian Prime Minister Gediminas Kirkilas’ comments that the country’s central bank has done too little to rein in inflation have prompted some politicians to push for abandoning the country’s currency board system. The finance minister and central bank members, as well as numerous financial analysts, argue that there is no sense in scrapping the currency board arrangement now, and that such a move would be harmful to the country’s international reputation. “Moves to end the ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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