Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.956

-0.1%

Nov 25 3:59 PM EST

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To: Steve Fancy who wrote (11537)	1/13/1999 10:16:00 AM
From: Tony van Werkhooven	Read Replies (1) of 22640

Steve- this is effectively a devaluation- taking the top of the band from 122 to 132. It is not clear if mini-devaluations, as had been occuring regularly will continue- I expect that they will. Tony

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