Rosser Jr, John Barkley wrote: >Now, although most >eurofinanciers poo-poo the possibility, it is not out of >the question that black markets in actual currencies could >develop in the next three years, that somebody might be >trading guilders for marks on the streets of Amsterdam, or >wherever, for something other than the rate implied by >their fixed ratios with the euro. As long as these >distinct "national forms of the euro" exist, such an >outcome is possible. I don't get it. Why would anyone pay more/accept less than the officially fixed rate between euro-zone currencies when one can always obtain the official rate from the European System of Central Banks? Trevor Evans Paul Lincke Ufer 44 10999 Berlin Tel. & fax: +49 30 612 3951 Email: [EMAIL PROTECTED]
