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RE: $2.50

in #money6 years ago

It seems that is where all the volatility is coming into the Emerging Markets and currencies. All these entities are positioning themselves on which will be the money in the future, or a combination of entities, a basket, or being backed by real assets. Let the market decide, not the Central Banks.

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Good point. The Dollar is strengthening relative to other currencies and this is a big problem for emerging markets holding dollar denominated debts

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