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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (699)	9/20/1998 11:15:00 PM
From: Rob Shilling	Read Replies (2) \| Respond to of 1301

me too, Malaysia and Hong Kong are on the leading edge of the movement to fight the currency speculators. I don't know if what Malaysia did will be good long term, we will see. It sounds like Russia is coming up with less dramatic currency controls. But with the ruble at probably an artificially low rate now, Russia should not have to spend much reserves to stabilize it up once they are ready to do that (IMHO). The IMF is again dragging its feet on giving over more loans that Russia could use to pay off its wage arrears. Russia will print money if the IMF won't budge.