1. Some European jurisdictions permit two-tier board systems. 2. FARMERS who regularly lease out milk quota could get even higher prices from dairy companies after the milk board system is dissolved. 3. A switch to the currency board system seemed close Monday after President Suharto publicly endorsed a fixed exchange rate. 4. Cavallo promised to make Argentina more competitive without devaluing the peso or ending the decade-old currency board system that pegs its value to the U.S. dollar. 5. Farmers have argued in recent years they would see bigger profits if allowed to sell their grain on the open market, saying the board system is outdated. 6. Germany has a dual board system, with a supervisory board of outside directors that makes strategic decisions and a management board of top executives that makes day-to-day decisions. 7. In addition, Pac Bell reported that users could have trouble posting messages to some portions of an Internet message board system known as Usenet. 8. Under a currency board system, currently fashionable among International Monetary Fund officials, central banks must cover domestic currency circulation with foreign exchange reserves. 9. Whatever the economic merits of the currency board system, politics appears to have colored the debate in Jakarta. 10. A currency board system essentially pegs the local currency to the US dollar, or other hard currency, at a fixed exchange rate. |