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To: Sigmund who wrote (7565)8/17/1998 12:44:00 PM
From: AreWeThereYet  Respond to of 14266
 
So what's this mean?

>> Finance Minister Zadornov said the measures taken were intended to
prevent financial speculators from getting rich at the state's expense. <<

My first interpretations for Russia move are:
1) Russian want to save face.
2) Russian "wish" to devalue its currency in a "systematic" process.

aC




To: Sigmund who wrote (7565)8/17/1998 1:02:00 PM
From: CuttotheCore  Respond to of 14266
 
Boris has now decided that float is the same as devaluation, and has set the devaluation at 34%. Act One is over.
Bill is set to testify. Center stage. What will he remember while reading the mail and doing the nation's business?


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