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To: Hawkmoon who wrote (25492)1/6/1999 9:32:00 AM
From: Alex  Respond to of 116753
 
ASEM finance chiefs to discuss currency target bands

------------------------------------------------------------------------

Finance ministers from 25 countries making up the Asia-Europe
Meeting (ASEM) will discuss next week a German proposal to set target
bands for exchange rates of various currencies, Japanese financial
sources said Wednesday.
The proposal by German Finance Minister Oskar Lafontaine will
likely be hotly debated at a meeting of the ASEM ministers and
deputies from the European Commission, slated for Jan. 15 and 16 in
Frankfurt, the sources said.