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To: Ahda who wrote (39875)9/1/1999 11:11:00 AM
From: Alex  Respond to of 116984
 
<<The extent of the rising yen's impact on Japanese exports can be gauged by the last Economic Planning Agency survey of Japanese exporters, which put the break-even exchange rate at 112.37.

Most traders now expect the US dollar to continue to fall. This follows reported comments yesterday from senior officials of Japan's Liberal Party that there would be no intervention to stop the yen's rise until it reached 105 against the US dollar.>>

theage.com.au


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