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Coping with the Russian crisis

Aug 26, 1999
By Diana Kudayarova

It has been a year since the ruble crashed. A year since Latvian exports to Russia and the Commonwealth of Independent States -plunged, as if they had reached a drop on a roller coaster ride. Have we stayed on track?That depends on where you look. The financial sector seems to have recovered from the blow struck by the crash of the Russian ruble and freezing of the Russian government securities. Rigas Komercbanka, which has probably been hit the hardest, is expected to open its doors in mid-Se ...

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