RUBLE BAND MAY CEASE NEXT YEAR

. According to presidential economics advisor Alexander Livshitz, the ruble band may cease to exist next year. "If there are no abrupt shifts (in the economy) the currency corridor will be abolished" because "it will be no longer needed," said Livshitz. A new version of the ruble band will limit the ruble’s fluctuation against the dollar within 4,550-5,150 rubles to the dollar during the first six months of 1996. (4)

Central Bank Head Elected Chief of Foreign Trade Bank.