(4 quotes found)
“A devaluation makes no sense.”
“The government is unable to collect taxes and control the borrowing requirement and is making only limited progress in the rest of the economy and on privatization to generate revenue.”
“The only precise estimate that can be made is that it will be between 6 rubles and 20,000 rubles. The sky is the limit as to how high the ruble can go.”
“I don't see much substance [in the G7 announcement] but if the aid package to Brazil is bigger than people are expecting, say $40 billion, then that will boost the markets.”
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