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Litas devaluation out of question

Aug 26, 1999

VILNIUS (BNS) - No changes concerning re-orientation of the Lithuanian national currency, the litas, have been planned for the next six months, the central bank's board chairman, Reinoldijus Sarkinas, said."We have committed ourselves to announce any changes in advance, therefore, the absence of an announcement means no changes," Sarkinas told the Baltic News Service Aug. 23.Sarkinas said the central bank is constantly investigating the situation. However, the debates on the issue have been put ...

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