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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (261202)	9/21/2003 2:41:29 PM
From: Lucretius	Read Replies (2) of 436258

====================================================================== DJ Dlr Sinks/After G7 -2: G7 Urged More Forex Flexibility DUBAI (Dow Jones)--The dollar fell sharply against the yen early Monday in Australasian trade after a weekend meeting of the Group of Seven, during which the world's top monetary officials urged nations to be more flexible in their management of currencies. A trader at a U.S. bank in Singapore said the dollar fell to Y112.80 from Y114.27 late Friday in New York on selling by U.S. and European banks. The trader said there hasn't been any sign of intervention by the Bank of Japan so far. "There had been some small dollar bids by Japanese banks but it doesn't feel like the BoJ," he said. Japanese officials said over the weekend their foreign-exchange policy was unchanged and described the yen's rise late last week as "speculative," which is often a signal of impending intervention. -By Benjamin Pedley, Dow Jones Newswires; +65-6415-4044; ben.pedley@dowjones.com (END) Dow Jones Newswires 09-21-03 1424ET- - 02 24 PM EDT 09-21-03

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