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Pricing by Japanese manufacturing firms in export and domestic markets is investigated. Evidence indicates that Japanese firms respond to changes in real exchange rates by "pricing to market " varying their export prices in yen relative to their dome

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The U.S. intervened in world currency markets for the third trading day in a row in an effort to slow the rise of the dollar. It was joined by West Germany Japan Switzerland and France.

The UK Treasury's surprise decision to enter the EMS caught the German authorities by surprise but the overwhelming reaction from the Bundesbank and the Finance Ministry was politically favorable and economically cautious.

If the name of a security comes up it'll be commonplace for someone to reach into his pocket and pull out a device that gives the security's current price and relates it to other data '' said Gordon S. Macklin the president of the National Associat

The government has employed rice exports as a means of earning foreign exchange and paying off its debts. Vietnamese rice is priced so low for export that it has seriously undercut the market for both Thai and U.S. rice.

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In currency trading ''the big action today was in the pound '' said David Arbesman first vice president of Prudential-Bache Securities Inc. a New York investment firm. ''Outside that the other currencies did not do a lot '' he added.

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Were he a minimalist painter Mr. [Kenichi Ohmae] (who is the managing director of the McKinsey consulting firm in Japan) would draw nothing but praise. But in the untidy arena of international relations the kind of broad brushstrokes found in ''The

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A CHANGE IN ILLINOIS' STATE BANKING LAWS WHICH ALLOWED FOREIGN BRANCH BANKS TO SET UP ONE OFFICE IN THE LOOP HAS GIVEN RISE TO AN INFLUX OF THESE FOREIGN BANKS SUCH AS SWISS BANK CORP.

In Tokyo the dollar rose closing at 137.40 yen up from 136.70 yen on Tuesday. Later in London it fell to 137.20 yen. The dollar traded at 136.855 yen late in New York higher than late Tuesday's 136.70 yen.

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