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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (3441)8/25/2003 1:59:52 PM
From: borb  Read Replies (1) | Respond to of 3902
 
Some blame Japan economic staying at difficulty for such long time is due to the value adjusted from somewhere at 250 yen per dollar to currently 117.



To: Crossy who wrote (3441)8/25/2003 6:39:20 PM
From: Sergio H  Read Replies (1) | Respond to of 3902
 
Ultimatly it proved to be destructive for Argentina to peg their currency to the U.S. dollar and there were complaints voiced in many circles against this policy. The loudest protestations came fromto Brady Bond and WMF circles.

What was true in Argentina's economy is not the case in China at this time. There are different arguments and different circumstances, but there were voices that spoke in opposition to Argentina's policy.