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Re: Lebaneseproud post# 19641

Friday, 02/13/2009 12:28:22 AM

Friday, February 13, 2009 12:28:22 AM

Post# of 29692
LOL... Now for a factual answer.
http://www.n2cm.com/downloads/forex_for_beginners.pdf
Exotic currencies have a severe risk together with an ability to gain very high possible profits. The weak
but fixed currencies can be sought much in order to carry out speculative attacks on them that may lead
the countries involved to wide depreciation and economical difficulties. A number of developing currencies
try to peg their currencies to the US dollar exchange rates to bring the monetary officials to order and
force currency holders not to resort to devaluations. In most of the cases it's impossible to fix the
exchange rates due to indiscipline and it mostly leads to considerable depreciation. These devaluations
often cause high possible profit but within the stable periods investors mostly hold the currencies due to
high interest rates.

In simple terms... the dinar would get CRUSHED on the forex.

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