SOUTHERNERA (t.SUF) Message Board

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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: VAUGHN who wrote (1640)	6/18/1998 12:13:00 PM
From: nempela	Read Replies (1) of 7235

Hi Vaughn Speaking of loonies, rands and cents, the general trend is of course (like many other currencies) that the loonie and the rand have fallen against the US$ this year. The rand has done so more precipitously than the loonie, although it hasn't fared as badly as other currencies (the rand lost 4%+ on a trade-weighted basis against the US$, pound, Deutschmark and yen since mid-April). However, as you probably know both rand and loonie (which hit an all-time low against the US$ this week) have shown a little buoyancy after the recent US yen support. Anyway, I don't want to go off on too much of a forex/economics tangent! To switch topics, as far as media reaction to what happened at M1 goes, I'd be glad to post anything of value I come across for this thread. Regards, Nempela

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