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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: GUSTAVE JAEGER who wrote (22119)12/7/2004 6:16:14 AM
From: sea_urchin  Respond to of 81023
 
Gus > the USD index is not the proper tool to measure the EUR/USD exchange rate

No, it isn't. There's no argument about that. But it is the proper tool to measure the value of the US dollar, itself.

The problem about the Euro is that it didn't exist in 1994, so it is of purely theoretical interest to talk about its value then.

Anyway, if you want to talk about the value of the Euro based hypothetically on the currencies that comprise it we can.


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