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To: baystock who wrote (73234)7/10/2001 11:40:02 PM
From: pater tenebrarum  Respond to of 116756
 
i believe that IS the explanation. another source of dollar demand are the rapidly collapsing LatAm economies, chiefly Argentina and Brazil. capital is fleeing from these countries at quite an impressive rate, and it traditionally goes into the dollar. imo we'll see the Argentine currency board under severe attack this year.