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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (9751)11/17/1998 5:36:00 PM
From: DMaA  Read Replies (3) | Respond to of 22640
 
I wonder if there is an objective standard against which a currency can be judged to be under/over/just right valued.

How can policy makers make rational judgements about what to do if no one can agree where you are?

In so many of these articles people just throw out the phrase over valued and no one thinks to ask them how they come to that judgement.