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Zeev Hed

05/08/03 1:56 PM

#105812 RE: Ace Hanlon #105798

I think that only Honk Kong formally pegs to the dollar, China does it "informally". Yet, a lot of our trade is with Europe and Japan (and surprisingly, Canada and Mexico...).

Zeev
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KyrosL

05/08/03 2:05 PM

#105823 RE: Ace Hanlon #105798

A low dollar vs the euro make US goods much more competitive in Asia vs European goods. That's more important than being competitive vs Asian goods -- a tall order even if Asian currencies are free to float. Boeing should be happy.