supernick
Joined: 24 Jan 2003
Location: Seoul
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 Posted: Thu Feb 24, 2005 6:50 am Post subject: |
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As I said, 950 before summer.
Years ago the Sterling was the currency of choice and that was before there was so much international trade. Most trade is settled in US$ but the Euro is now becoming a favorite.
The war in Iraq is all to do with oil and power and it does have an effect on the US$, as the U.S. debt is the major concern.
In the next year or so, you will see Asian countries trade in their own currencies which will further errode the value of the greenback.
Remeber folks, that you heard it from me. 950 won by summer. |
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