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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (5618)8/17/1998 8:35:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 9980
 
Paul, I am not sure what the connection is, but the Indonesian Rupia is taking quite a beating tonight, pretty soon they will reach my target of few months back of 17,000. I think you are right and natural resources economies needing to compete against other natural resources economies (like Russia) that devalue, will have to adjust their own currencies. Maybe the Indonesian drop could be related to that theme.

Zeev