InvestorsHub Logo
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Re: Flip post# 19960

Saturday, 04/18/2009 11:09:53 PM

Saturday, April 18, 2009 11:09:53 PM

Post# of 29692
They are doing exactly what they have said they would do. The rate is not moving because inflation is under control. They have been saying for years now they were increasing the exchange rate to offset inflation. Inflation is now very low, so they are leaving the rate as is. If inflation comes back, they will be able to increase the rate a again.
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.