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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Haim R. Branisteanu who wrote (61820)5/4/2002 10:58:41 PM
From: Zeev Hed  Read Replies (2) of 99280
 
I think that the weakness into the end of the year was partially a reflection of the adoption of the actual currency around the first of the year, I wrote at the time that that might "cost" them a small penalty in their GDP growth because of the relatively sudden dislocation, now we are just going back to between $.9 to parity, which is the situation after the "shock" was absorbed.

Zeev
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