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To: Bonnie Bear who wrote (7174)	11/6/1997 8:31:00 PM
From: tekgk	Read Replies (1) of 18056

The Brazil dipsters didn't do so well today. "Brazil's central bank had to double interest rates in October 1997 to avoid currency devaluation. A devaluation could damage the Brazilian economy and threaten a prolonged recession with echoes of the 1994 Mexican peso crisis. " users.dircon.co.uk >> avoid currency devaluation I checked out the Real on pacific.commerce.ubc.ca Doesn't look like they avoided the devaluation all that well from what the graph is telling me.

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