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

To: Steve Fancy who wrote (8725)	10/1/1998 5:21:00 PM
From: Steve Fancy	Read Replies (9) \| Respond to of 22640

Brazil seen registering net dollar inflow Thursday Reuters, Thursday, October 01, 1998 at 17:00 SAO PAULO, Oct 1 (Reuters) - Brazil was seen registering a net inflow of dollars on Thursday for the first time in more than a month as foreign telephone companies pay for privatization purchases ahead of schedule, traders said. "The market is estimating a net inflow because of the advance payments on telecoms," one trader said. It would be the first net inflow of dollars since August 26 when $327 million entered the country. Traders said it was too early to estimate how big the net inflow could be. Copyright 1998, Reuters News Service