Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who wrote (307)	7/11/1998 2:24:00 AM
From: baystock	Read Replies (2) of 1301

Vi, Do you think this loan package will ensure no devaluation of the Ruble for years to come or is this a short term postponement of the inevitable ? What I mean is that history has shown that artificial fixed currency rates always break down as happened in recent years in Europe and Asia, if differing economic circumstances such as inflation, etc. are not taken into account. I am wondering if even if this current Russian financial crises is resolved will we only see another one triggered again say next year if the Asian problems persist, as is like IMO. Ram

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