MOSCOW President Boris Yeltsin, declaring that Russia's era ofinflation has come to an end, announced Monday that his governmentwill issue new currency that lops three zeroes off the hyper-inflatedruble.
Beginning in January, each new ruble will be worth 1,000 oftoday's rubles - symbolizing a break in the six-year period of highinflation that has left Russians paying thousands of rubles just tobuy a loaf of bread.
"We declare today that there will be no more inflation," Yeltsinsaid. "An end has been put to it. New zeroes will never againappear on our bank notes."
Despite the president's optimism, his announcement alarmed manyRussians who vividly recall …
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