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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (2038)	7/30/1998 11:21:00 AM
From: JEFF CHAPMAN	Respond to of 12475

The whole protectionism them right now is pretty rampant in Asia. I'd suspect we'd see the same in the US if our markets were off 50% and if we were in a recession. But similar actions happened in France where McDonalds was named the official restaurant of the world cup... Now that's ironic!

To: Mohan Marette who wrote (2038)	7/30/1998 12:06:00 PM
From: Mohan Marette	Respond to of 12475

Exchange Rates US dollar firms up against Rupee to Rs 42.54/56 Mumbai, July 30 The US dollar firmed up moderately against the Rupee to Rs.42.54/56 per dollar and the Pound Sterling was dearer at Rs.69.86/90 per Pound at the close of Interbank Foreign Exchange (Forex) market here today. Following are Interbank Forex and RBI rates (in Rupees per unit) Unit Iterbank RBI US dollar Rs.42.54/56 Reference rate Rs.42.53 Pound Stg Rs.69.86/90 D. Mark Rs.24.05/08 Jap Yen (100) Rs.29.96/98