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Gold/Mining/Energy : Euro Impact on Gold, USD ... -- Ignore unavailable to you. Want to Upgrade?


To: Eashoa' M'sheekha who wrote (167)12/27/1998 3:15:00 PM
From: Edmund Lee  Read Replies (2) | Respond to of 289
 
From newspaper, some Europeans are not willing to accept Euro due to patriotism or conservative. Are those 11 countries stop using their own currencies on Jan 1, 1999 or using Euro parallel to their own. Any idea?



To: Eashoa' M'sheekha who wrote (167)12/29/1998 10:36:00 PM
From: banco$  Read Replies (2) | Respond to of 289
 
Taurus, "the remaining 85% of the euro39.46 billion being transferred in foreign currency assets.

"I should stress that the decision on the percentage of gold to be transferred to the ECB will have no implications for the consolidated gold holdings" of the European System of Central Banks in the future, Duisenberg added.

Precise details on the initial transfer will be finalized before the end of the year, he said."

economeister.com