FINANCIAL NEWS

1. US $ RATE AND THE TURNOVER AT THE MOSCOW INTERBANK CURRENCY MARKET.
2. THE CENTRAL BANK OF THE RUSSIAN FEDERATION WORKED OUT REGULATIONS FOR HARD
   CURRENCY BANK ACCOUNTS OF LEGAL ENTITIES.
3. RUSSIA'S GOLD AND HARD CURRENCY RESERVES.
4. RUSSIA WILL SETTLE ITS DEBT THROUGH WEAPONS SUPPLIES.
5. FOUR BANKS OF THE CITY OF MOSCOW AND THE MOSCOW REGION ARE GOING TO SET UP
   A REGIONAL TELECOMMUNICATIONS NETWORK.
6. US $ OVER 8 BN BROUGHT INTO RUSSIA.
7. FOREIGN INVESTMENTS IN RUSSIAN TELECOMMUNICATIONS SYSTEMS IN 1994 WILL
   TOTAL TO US $ 500 MLN.
8. WESTERN COUNTRIES SPEND US $ 500 MLN MONTHLY ON STOCKS IN RUSSIAN COMPANIES.