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To: Seaworthy Lyric who wrote (8234)10/9/1998 8:36:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
<<How far can the they allow for the dollar to go down>>
They can't make it a fixed rate, and a floating at the same time. If the rate is floating, and the capital flows are what they are - huge - there will be large swings in the rate. It's not inconceivable that up to $1 or $2,000 Bill is repatriated, so that the effect on exchange rates can be huge. And the big variation of exchange rates will disrupt "normal" course of business, corporate plans will have to be changed, etc...