Welcome To The Currency Wars

Discuss issues related to business, finance, taxes, investments, cost of living in different countries, etc.
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Taco
Elite Upper Class Poster
Posts: 5425
Joined: July 9th, 2011, 9:30 am

Welcome To The Currency Wars

Post by Taco »

Here's why your next vacation should be in Argentina.

Emerging Market Currencies
http://www.businessinsider.com/emerging ... ate-2014-2
Last edited by Taco on February 25th, 2014, 2:36 pm, edited 1 time in total.
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Rocky Top
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Posts: 231
Joined: February 3rd, 2012, 7:23 am
Location: Tennessee

Re: Emerging Market Currencies

Post by Rocky Top »

Taco wrote:Here's why your next vacation should be in Argentina.
Or Colombia and Russia...
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Taco
Elite Upper Class Poster
Posts: 5425
Joined: July 9th, 2011, 9:30 am

Post by Taco »

Its been a very volatile week in currency markets around the world. China is definitely starting to meltdown while Ukraine has been melting down for some time.

Yuan Devalues Most In 20 Years
http://www.zerohedge.com/news/2014-02-2 ... t-20-years

Ukraine Currency Crashes To Record Low
http://www.zerohedge.com/news/2014-02-2 ... record-low
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Taco
Elite Upper Class Poster
Posts: 5425
Joined: July 9th, 2011, 9:30 am

Post by Taco »

The Russian Ruble is at a 10 year low due to an on going currency war with the USD.

Russian Ruble Plummets
http://www.naturalnews.com/047120_econo ... nment.html

RUB per 1 USD
http://www.xe.com/currencycharts/?from= ... B&view=10Y
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