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RUBLE FALLS, BALTICS STABLE

Aug 27, 1998

The Russian economy has been knocked down. Russian President Boris Yeltsin kicked out Prime Minister Sergei Kiriyenko and took back good old Viktor Chernomyrdin from the political loft. The ruble has been devaluated, though Russian officials, of course, use another term - "liberalization of currency exchange." This crisis will obviously affect CIS countries closely linked to Russian economics. Baltic politicians and finance officials stated that the Russian crisis will have no significant effect ...

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