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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (1206)	3/13/1998 1:39:00 PM
From: mbjr	Read Replies (1) \| Respond to of 22640

Brazil's Malan says possible delay on TBR privatization: original msg at biz.yahoo.com excerpts from Reuters, Friday March11 ... The minister also said the privatization of telecommunications giant Telebras (TEL_p.SA) might be postponed past June, but this one to two month delay would not be significant. ''The ideal thing will be to keep the original timetable, but I don't think that a slippage of one or two months will make a major difference for a program that is one of the largest privatizations in the world,'' Malan said.

To: Steve Fancy who wrote (1206)	3/13/1998 1:57:00 PM
From: Steve Fancy	Respond to of 22640

Brazil's Central Bank lowers its reais mini-band SAO PAULO, March 13 (Reuters) - Brazil's Central Bank lowered its mini-band on the real currency by buying dollars at 1.1330 reais and selling at 1.1380 reais per dollar in the commercial foreign exchange market, dealers said. biz.yahoo.com