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


To: Ramsey Su who wrote (5919)8/27/1998 2:23:00 AM
From: JF Quinnelly  Read Replies (1) | Respond to of 9980
 
Apparently people are fleeing the D-mark because of its exposure to Russia. They sell the D-mark for dollars, and use those dollars to buy yen. So the yen goes up, even as the Nikkei goes down. Weird.