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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Zardoz who wrote (24901)	1/1/1999 12:33:00 AM
From: Zardoz	Read Replies (1) of 116759

Thursday December 31 7:18 AM ET Exchange Rates for Euro Currencies By The Associated Press The European Commission, the 20-member executive body of the European Union, today announced the irrevocable conversion rates between the euro and currencies from the 11 nations participating in the shared currency. EU finance ministers were to give final approval to the rates later today. From its official launch at midnight tonight, the euro will be worth: 1.95583 German marks. 6.55957 French francs. 1936.27 Italian lire. 166.386 Spanish pesetas. 2.20371 Dutch guilders. 40.3399 Belgian francs. 13.7603 Austrian schillings. 200.482 Portuguese escudos. 5.94573 Finnish markka. 0.787564 Irish pounds. 40.3399 Luxembourg francs. Based on those rates, the euro expected to start trading at $1.1665. dailynews.yahoo.com NOTE: The 10 currencies included in the USDX, their base rates and their weighting in the Index are: CURRENCY BASE RATE WEIGHT German Mark 35.548 cents/mark .208 Japanese Yen 0.3819 cents/yen .136 French Franc 22.181 cents/franc .131 British Pound 247.24 cents/pound .119 Canadian Dollar 100.33 cents/dollar .091 Italian Lira 0.176 cents/lira .090 Netherlands Guilder 34.834 cents/guilder .083 Belgian Franc 2.5377 cents/franc .064 Swedish Krona 22.582 cents/krona .042 Swiss Franc 31.084 cents/franc .036 global-view.com As of Market close the Euro is at 1.1724 USD/Euro or Down 0.503% Gold up 0.292% Note: They Valued the Euro with a margin for the depreciation to occur over the coming weeks months. pacific.commerce.ubc.ca

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