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Which currency can get to the bottom fastest?

Posted on 01 July 2013

Saxo Capital Markets looked at the major currencies and assessed who is riding to the bottom the fastest looking at the real effective exchange rates. Japan came in first with a percentage change of -18.12%.
Devaluing currencies should help an economy become more competitive as the price for its exports fall, but the effect is muted………………………………….Full Article: Source


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This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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