InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,780.05
(
-0.21%
)
US TECH 100
19,731.60
(
0.03%
)
Dow Jones
42,454.12
(
-0.14%
)
Brent Oil
78.74
(
-0.40%
)
Bitcoin
60,416.16
(
0.24%
)
Post# of 29692
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Aerospace

Send PM Follow Ignore
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Aerospace

Re: dcjr4107 post# 7353

Tuesday, 05/29/2007 7:55:04 PM

Tuesday, May 29, 2007 7:55:04 PM

Post# of 29692
Kuwait didn’t do anything earth shattering.
They were pegged to the dollar.
Now they are pegged to 4 currencies…. One being the dollar… the others being the euro, the sterling, and the Swiss franc.
While doing this they increased their exchange rate by .37 percent... one third of 1 percent.
If Iraq did the same they would go from 1259 to 1254.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up