Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (6133)	4/20/2001 4:22:37 PM
From: Hawk	Respond to of 52237

The Argentine Peso is Pegged to Us dollar. By lowering rates The FED in effect made dollars dominated investments less atractive thereby in theory causing the dollar to be devalued. Argentina has wanted to change its peg from the Dollar to the Euro to in effect devalue its currency. This may be in a round about way of trying to help them. I don't believe it was their primary reason. Remember by devaluing our currency we make our products more competitive. It might have been a extra benefit in doing so. H.