SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Investment in Russia and Eastern Europe
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: baystock who wrote (309)7/11/1998 4:03:00 AM
From: Real Man   of 1301
 
If the loan comes, it should stop the panic. The ruble will be devalued in future by the central bank (using currency corridor)
- there was a piece of information by the Central bank some time
this Spring mentioning
the fact that the ruble needs to be devalued in accord with inflation,
i.e. faster. Devaluation is not bad, it is necessary in Russia and
other developing countries (Look at Hungary, for example).
It has to be controlled, balanced, and gradual, which would be impossible in current conditions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News