Hello Hans,
I'm sorry, your patch of the May 17 works well for dvi, but not for pdf:
the figure is again shifted down and to the left.

Here an example:
\setupoutput[pdftex]
\starttext
X\externalfigure[example][width=5cm]X
\stoptext

example.pdf is attached, also the resulting pdf.


Concerning the issus with \useencoding[ffr] and FitBH:
Do you think, you could solve the problems? If not, I'll go on trying to
find solutions.

Greeting, Peter

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