Russian Central Bank has just raised rates by a quarter point, and we are predicting more increases in the near future. Inflation is averaging from 50-100% over what the government desires, and this was before oil skyrocketed to the 135 to 140 dollar a barrel range. What does this mean to you, the foreign investor? You guessed right, higher interest rates with an appreciating dollar and scores of new issues entering the market will present great investment opportunities.