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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (59402)	12/27/2009 2:22:32 PM
From: elmatador	Respond to of 217561

I detected no insult whatsoever on your assertion. BRL taking the brunt of China fixed exchange regime. BRL is overvalued we both agreed on that early when I stated 2.15 is the realistic. A few industries would be competitive with BRL at 2.15. Footwear, timber, pulp and paper for example

To: THE ANT who wrote (59402)	12/30/2009 2:09:16 PM
From: elmatador	Respond to of 217561

Despite this USD drop -below- since end of 1994 to today the USD appreciated 106% vis a vis the BRL. I added the inflation from 95 to Dec 09 and got 165.94% indexmundi.com Looking to the period: end 94 to Dec09 165.94 (Inflation)-106(BRL devaluation)=60 Does that mean the BRL should be worth 60% less today? Tha would mean a rate of BRL2.8 to the USD instead of 1.75. 2009: While the 25,46% USD devaluation vs BRL this year, Chile was 21,03%; Colombia 9,17%; no Peru 7,40% and Mexico 5,59% completes the Latino currencies appreciation vs USD, detailed Economatica.