Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.520

+2.5%

Jan 7 3:59 PM EST

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To: md1derful who wrote (7492)	9/4/1998 1:17:00 PM
From: Steve Fancy	of 22640

Brazil forex mkt lost $3.8 bln Sept 1-3 Reuters, Friday, September 04, 1998 at 12:51 The strong outflow in August failed to put a big dent in foreign currency reserves because it was offset by large dollar inflows following a series of privatizations and acquisitions by foreign companies. Brazil registered a net outflow of $688.975 million from the commercial foreign exchange market on Thursday and dealers said another $635 million left the floating forex market. shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service

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