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To: LLCF who wrote (53062)5/22/2000 12:57:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
You mean like the African currencies.

Though I don't pretend to follow African currencies, I would imagine that any weakness is exacerbated by the fact that warfare is breaking out in all regions of that continent.

Apparently now everyone is worried about a resumption of the Angolan war.. And Ethiopia is thumping on Eritrea again (and winning some victories this time).

As for those who got hammered by the collapse of the Euro, list the Japanese who sold quite a few dollars in order to diversify their currency holdings into Euros. They are now down over 25% in less than a year and a half. And that is a chunk of change we're talking about in the 10's of billions of dollars equivalent.

Regards,

Ron