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Aerospace

04/18/09 11:09 PM

#19961 RE: Flip #19960

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.