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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Chung Lee who wrote (2290)	9/2/1998 5:45:00 PM
From: Chung Lee	Respond to of 2951

All, another insightful article, makes HK's problem miniscure compared to Malaysia and Thailand. "Dr Mahathir Mohamad, the Malaysian prime minister, must have weighed all viable options before deciding to take his country to the extreme course. The offshore ringgit market will be shut down, hence making it automatically possible to peg the Malaysian currency at a nominal rate of 3.80 to the US dollar. Mahathir believes that the wealth of the Malaysians should not be robbed further than this exchange rate." nationmultimedia.com