Publication: Monitor Volume: 1 Issue: 64

Russians now hold approximately$15 billion in cash compared to some $20-22 billion at the startof 1995, official statistics suggest, but Moskovsky komsomoletsreported July 28 that many Russians plan to hold onto theirdollars rather than converting them into rubles–at least untilOctober 1 when the government’s ruble stabilization program willend. The reason? The paper notes that there is a widespread "feelingthat the ruble’s rise and the dollar’s fall are yet more bluffingand whitewashing on the part of government officials" andhence "people wait for October all the same."

Yeltsin Fails to End Territorial Dispute in Krasnoyarsk.