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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (15557)	4/25/1998 8:05:00 PM
From: Michael	Respond to of 18056

Zeev, The use of Dollars in Asia has been going on for some time. Typically business class hotels have had their tariffs denominated in USD and a lot of real estate leases etc will also be denominated this way. However usually the bill will actually be settled in the local currency so dollars are not actually needed for settlement. Michael

To: Zeev Hed who wrote (15557)	4/25/1998 10:19:00 PM
From: posthumousone	Read Replies (1) \| Respond to of 18056

mr zeev....CURBS IN: can someone, you , please clarify this???? the curbs (little curbs symbol above dow on cnbc) were on all day friday i dont get it, the market goes down 50 points and they put in curbs?? are curbs different from breakers?? i thought they didnt go in effect until 10% drop is this preventing a correction?? thank you