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is it a stable currency and worth keeping as a reserve

2006-06-14 21:25:15 · 2 answers · asked by Anonymous in Business & Finance Investing

2 answers

I would think so. Unless it is devalued as part of a financial reorganization it should continually increase in value.

2006-06-14 21:28:52 · answer #1 · answered by DramaGuy 7 · 0 0

Like any currency it depends on your insight and your belief weather it's going to go up or not based on your superior insight. The best plase to trade currency is oanda.com, very cheap and you can check out interest rates too. The higher the interest rate the more the chance the currency is going to depreciate or loose value.

2006-06-15 05:18:36 · answer #2 · answered by Anonymous · 0 0

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