港汇
1.The EERI increased notably in the first quarter to a high of 135 in early March amid a strengthening of the US dollar against the Japanese Yen and the Euro and it then remained stable at around that level during mid-March and mid-July.
2.Towards the end of the year, the US dollar strengthened again against the Yen in the face of a deepening recession in Japan, and the EERI rose again to close the year at 141.
3.Thereafter, the EERI decreased slightly, along with the weakening of the US dollar against the Japanese Yen and the Euro, amid concerns on a marked slowdown in US economic activity.
4.Alongside the weakening of the US dollar since mid-July, the EERI decreased to around 131.5 at end-December.
5.Largely reflecting a strengthening of the US dollar against the Japanese Yen, the Euro as well as the British Pound, the EERI rose during the first seven months of 2001, from 136 at the end of 2000 to a high of 141 in mid-July 2001.
