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Strategies & Market Trends : Asia Forum
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To: Zeev Hed who wrote (3319)5/3/1998 11:09:00 AM
From: geewiz  Read Replies (1) of 9980
 


Hope this wasn't alread posted; Japanese haven't run out of cash yet;

cnnfn.com:80/markets/wires/9805/01/yen_wg/

18 billion is not a lot; what's the limit? Will Japan tolerate 150 yen/dollar? As the Japanese domestic economy slows even greater funds will be allocated for such support; although the Japanese economy is exponentially larger than the SEA economies, this is the failed effort that led to last Octobers' problelms.

An now Kuwait is in an economic tailspin;

biz.yahoo.com

Will it lead to a currency crsis?

best, art
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