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Re: [sharechat] Shouldn't a lower dollar increase prices?


From: Mike Nelson <bb2345@ihug.co.nz>
Date: Fri, 25 Aug 2000 10:46:29 +1200


I would have thought the overseas investors bailing out of NZ blue chips
was part of the reason for the devaluing dollar as having cashed up they
then sell NZ$ to clear off.

MN


At 10:38 AM 25-08-00 +1200, you wrote:
>Call me naive, but shouldn't we be seeing increases in some of the 'blue'
>chips with the drop in the dollar?
>
>Rhys Lewis 
>ZIVO
>
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