Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.570

-4.5%

Dec 26 9:30 AM EST

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To: Steve Fancy who wrote (719)	1/14/1998 1:36:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil rates to fall again in January - report SAO PAULO, Jan 14 (Reuters) - Brazilian Finance Minister Pedro Malan said the government will continue lowering its prime interest rate when policy-makers meet later this month, O Estado de Sao Paulo reported Wednesday. biz.yahoo.com comment: Is it just me, or de we get conflicting news out of Brazil over a couple day period at times? I guess what they said yesterday was rates would not drop to October levels until June, but I took that as not to look for further drops until then. I must misinterpret some of the news.

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