Detailed text transcripts for TV channel - CNN - 20110314:05:26:00 : vimarsana.com

Detailed text transcripts for TV channel - CNN - 20110314:05:26:00

you had that figure, $100 billion on reconstruction costs. a lot of that will be paid for in yen dough the yen went up sharply. about 80.6 to the u.s. dollar. close to its all-time record and since come back 82 against the u.s. dollar after that injection after funds going to the market so the yen is back roughly around about where it was before the quake but certainly there has been an impact, broad impact across all sectors of the financial parkes today. again, rosemary, not surprising although the market fall was bigger than most expected. >> and, of course, andrew, it begs the question what sort of impact or effect could this have on overall economic growth on japan? >> yeah, far too early obviously to give any definite numbers but a lot of it hinges now on just how much damage, you know, the search and rescue teams are still fanning out. we just don't know the size and extent of the devastation but can assume it is going to be absolutely terrible. now, if you look at economic growth, one thing working in the

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