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To: Dwight Taylor who wrote (5312)1/6/1998 5:30:00 PM
From: lorne  Read Replies (1) | Respond to of 116753
 
Hello Ben
I just clicked on that address and it works for me, the title of the
story there is " Implications for Central Banks of the development of
electronic cash". Here is another story on the same topic it is a speech by "Bundesbank director Edgar Meister on electronic cash"
Hope this one works for you ourworld.compuserve.com
It appears that Germany is taking this seriously they have already passed laws in this area.
Lorne



To: Dwight Taylor who wrote (5312)1/7/1998 10:24:00 AM
From: Dwight Taylor  Read Replies (2) | Respond to of 116753
 
TOKYO (Nikkei)-Gold and foreign exchange reserves at the end of
December decreased by $7.59 billion from the previous month to
$220.79 billion, the first decrease in five months, the Ministry of Finance
reported Tuesday. A large intervention by the Bank of Japan caused the
drop in foreign reserves. The decrease is the second-largest monthly
decline since 1956, after a decline of $8.08 billion in March 1991.

The Bank of Japan reportedly spent over $10 billion intermittently
intervening in the market as the U.S. dollar surged against the yen.
However, Japan has held, for 50 straight months, the highest reserves of
any nation.

China was second in foreign reserves with $136.6 billion at the end of
last September, followed by Taiwan with $86.4 billion as of late
September, Germany with $82.1 billion at the end of last October and
Singapore with $76.8 billion late last August.