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To: Alex who wrote (21113)	10/8/1998 8:16:00 AM
From: David R. Schaller	Read Replies (1) \| Respond to of 116753

Alex, >Repatriation of funds by Japanese investors, who hold 25 percent of U.S. debt, has just begun, they said.< For those who waited to long to repatriate their funds, the rapid change in exchange rates will make the exchange expensive. The fall in US$ has wiped out about three years of interest on the treasuries that Japanese hold. Dave

To: Alex who wrote (21113)	10/8/1998 8:21:00 AM
From: lorne	Read Replies (1) \| Respond to of 116753

London--Oct 8--The London office of the Hong Kong Monetary Authority said today that the speed, although not the direction, of US dollar/yen's slide on rgw foreign-exchange markets was "alarming." By Mark Potter, Bridge News, Story .10629 Tokyo--Oct 8--Vice Finance Minister Koji Tanami said today the yen's weakness against the dollar is being corrected, in reference to the recent wild fluctuations of the dlr/yen rate. By Ken Okumura, Bridge News, Story .10484 -----Wonder how??