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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.499+14.1%1:44 PM EST

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To: Madharry who wrote (605)12/22/1997 6:47:00 PM
From: Steve Fancy   of 22640
 
YEAREND-Brazil's real passes big test, more await

By John Miller

SAO PAULO, Dec 22 (Reuters) - Brazil's real, one of the most closely watched emerging market currencies, proved some critics wrong this year and held strong against speculators amid the biggest test in its three-year history.

biz.yahoo.com
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