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To: Alex who wrote (47700)	1/30/2000 11:00:00 PM
From: lorne	Respond to of 116766

INSIGHTS INTO THE WORLD / Dollar's predominance may last decades " There are two major reasons why the dollar continues to be the key currency, despite the fact that the United States has been constantly in the red. " " Firstly, the United States is the only superpower and no other countries pose a threat to its dominance. " " Secondly, the dollar, is part of a "floating" exchange rate regime of unguaranteed values. The amount of dollar-denominated assets held by foreigners is so massive that any worldwide selling-off of the currency, which could send the dollar sharply down, would be unlikely to take place. " Full story >>> yomiuri.co.jp