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

To: Link Lady who wrote (16564)	9/29/1998 6:46:00 PM
From: John Hunt	Read Replies (2) \| Respond to of 18056

Doubts on yuan spark stampede into US dollars scmp.com << Fears of a possible yuan devaluation has caused mainland residents and companies to accumulate massive amounts of US dollars, with their foreign currency holdings more than tripling to about US$80 billion for the year to August. The figure, which caught many analysts by surprise, compares with Hong Kong's foreign exchange reserves of $92.1 billion at the end of August and Beijing's holdings of $140 billion. >>