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View Full Version : Latvia Traders See 53% Devaluation, Forwards Show - Bloomberg



NewsWhore
06-04-2009, 09:20 AM
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Latvia Traders See 53% Devaluation, Forwards Show (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DahSknR7dFtFI%26refer%3Deurope&cid=1252778817&ei=wcwnSr3DONKjkAW6mdCaBw&usg=AFQjCNHJtSHtcSIJ-U5Nmuw_xNQtxXGnPQ)
Bloomberg
By Ewa Krukowska June 4 (Bloomberg) -- Latvia currency traders expect the lats to drop to half its value against the euro within a year as the Baltic nation struggles to cope with the effects of the global financial crisis, said Bank of America Corp. ...


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