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Why The Usd Appreciates In Value &Amp;Amp;Amp; The Role Of Us Federal Reserve
Essay specific features
Written by:
Gabriel B
Date added:
December 21, 2014
Level:
University
Grade:
A
No of pages / words:
6 / 1596
Was viewed:
9889 times
Rating of current essay:
Essay content:
Over the past weeks, the Dow Jones also has it share of fallen and declining loss of market valuation. Regional stock market also drops as tandem with the fallen of the Dow Jones. Our KLCI for example was down to 832.44 points as at 29th October.
4) Surprisingly,the value of the USD has appreciates drastically to RM3...
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Our KLCI for example was down to 832.44 points as at 29th October.
4) Surprisingly,the value of the USD has appreciates drastically to RM3.5815 per dollar as at 29th October 2008. The value of Malaysian Riggit has decreased 9.6% compare with the dollar in the past 3 months. It is quite puzzling when normally, the value of currency of such countries will be dependent for example on the reserve of the gold such countries has, the amount of debt, the performance of the stock market and also its balance of payment...
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