Supranational body regulating financial market under discussion in SES


      Integration prospects were top on the agenda of the 6th session of the advisory board for exchange rate policy of central (national) banks of the Customs Union and the Single Economic Space in Astana. The participants of the session exchanged views on the current economic situation, reviewed progress in implementing the monetary policy of Belarus, Kazakhstan and Russia this year, and discussed a number of other topics.
      “The sides agreed to keep working on the harmonization of the documents that will constitute the basis of the Eurasian Economic Union, including documents on the establishment of the supranational body regulating the financial market of the SES member states,” the National Bank noted.
The first session of the advisory board for exchange rate policy of central banks of the Customs Union and the Single Economic Space took place in April 2012. The advisory board’s major goal is to coordinate the exchange rate policy and to develop single approaches to the currency policy.

 
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