Treasury Secertary James Baker saidcurrencies were now within ranges that better reflected
economic fundamentals.
    In a speech to the annual meeting of the Inter-American
Development Bank, he said, "Excchange have moved into ranges
that better reflect economic fundamentals."
    He noted that in particular that dollar has fallen from its
high point in early 1985 helping to moderate protectionist
pressures in the U.S.
 Reuter
