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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (20415)3/18/2004 7:31:18 PM
From: philv  Read Replies (1) of 81956
 
Searle, just the last thought on the US dollar & Japan. Without Japan sucking up all those dollars, the dollar will decline against all currencies. Their US dollar buying has been massive the last year. The greatest affect however would be to the YEN because they are not issuing them to trade for dollars. In other words, less YEN circulating, and declining dollars are having trouble finding eager buyers at current exchange rates.
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