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Passage 3 Date: 26 Jan. 1993 From: the Kwangtung provincial bank, H. K. Corporate division-treasury Foreign exchange market: Dollar continued its weakness and dropped almost two pfennigs against mark on Monday dealing. Traders’ sentiment was changing greatly. At the beginning of this year, dollar rallied due to positive sentiment that the economy would recover in the expected fashion and German interest rate would ease soon. However, the hopes were dashed after a series worse-than-expected data were released and reluctance to cut rate by German Bundesbank. It seemed that the present us-German interest rate differential would be unlikely to narrow. On Monday trading, technical factor drove dollar further lower and it was quoted as low as 1.57 marks. Some dealers were quite bearish towards dollar, expecting it to ease further to 1.55 even 1.53 level in near future. Dollar also performed weak against Japanese yen. Dealers claimed that the talk of Japanese interest rate cut had been discounted, adding almost no pressure on the Japanese yen. Meanwhile, market was turning focuse on trade balance. Due to huge surplus, dealers believed that the yen should be stronger. During intraday dealing, the dollar was once quoted as low as 122. 75 yen. Why did the dollar rally at the beginning of the year
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以下函数rotate的功能是：将a所指N行N列的二维数组中的最后一行放到b所指二维数组的第0列中,把a所指二维数组中的第0行放到b所指二维数组的最后一列中,b所指二维数组中的其他数据不变。 #define N 4 void rotate(int a[][N],int b[][N] {int i,j； for(i=0；i＜N；i++) {b[i][N-1]=【 】；【 】=a[N-1][i];} }
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Passage Two
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