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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (24362)	10/30/1997 3:54:00 PM
From: yard_man	Read Replies (1) of 132070

How closely do the webs track the underlying indices and is there an easy way to adjust out the changes in exchange rates over time? What I'm wondering is this: How far has the Malaysian stock market actually fallen in terms of it's own currency? Over time there are two ways to make money (with foreign webs). As confidence strengthens in their currency (some time in the future) the assets look more valuable in terms of dollars and the market itself also may strengthen, right?

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