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To: Ron Everest who wrote (34065)	5/17/1999 11:35:00 PM
From: lorne	Read Replies (2) \| Respond to of 116791

British Pound Comes Into the IMF's Cross Hairs: By Caroline Baum London, May 17 (Bloomberg) -- They're at it again. After wrecking Asian currencies with a series of competitive devaluations and a host of other misplaced policies, the International Monetary Fund is going to try its hand at sterling. ''The Treasury and Bank of England may need to take 'specific actions' to weaken the pound if Britain wishes to join the European single currency,'' according to an IMF study cited in today's Financial Times. Full story >>>> quote.bloomberg.com