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The Russian Financial Crisis: An Analysis of Trends, Causes, and Implications

Description: Since May of 1998, Russia has been caught in the latest, and likely the most serious, in a series of economic crises. The crisis came to a head on August 17, 1998, when the government of then-Premier Sergei Kiriyenko abandoned its defense of a strong ruble exchange rate against the dollar, defaulted on government domestic debt forcing its restructuring, and placed a 90-day moratorium on commercial external debt payments. Those actions led to Yeltsin's dismissal of Kiriyenko on August 23, replac… more
Date: February 18, 1999
Creator: Cooper, William H.
Partner: UNT Libraries Government Documents Department
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