vomer Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) sorry can't make it bigger Edited June 26, 2014 by vomer Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted June 26, 2014 Report Share Posted June 26, 2014 just to psych us out 2 Link to comment Share on other sites More sharing options...
R2D2 Posted June 26, 2014 Report Share Posted June 26, 2014 That spike was significant. It would be of interest to know what was taking place behind the scenes or where the raw numbers were at the time of the spike. JUST SAYIN! Link to comment Share on other sites More sharing options...
chess Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) Seismograph and/or a thermometer??................................ (just fool'n!) Edited June 26, 2014 by chess Link to comment Share on other sites More sharing options...
Man_Kind Posted June 26, 2014 Report Share Posted June 26, 2014 "sorry can't make it bigger" The story of my life ! 4 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted June 26, 2014 Report Share Posted June 26, 2014 OK i did not say that..he did!!! "sorry can't make it bigger" The story of my life ! Link to comment Share on other sites More sharing options...
vomer Posted June 26, 2014 Author Report Share Posted June 26, 2014 This is dinar, not dong. Stick with the subject. 7 Link to comment Share on other sites More sharing options...
ckriebs Posted June 26, 2014 Report Share Posted June 26, 2014 lmao Link to comment Share on other sites More sharing options...
The Machine Posted June 26, 2014 Report Share Posted June 26, 2014 here's what the past month looks 2 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted June 26, 2014 Report Share Posted June 26, 2014 I am perplexed at this also. Link to comment Share on other sites More sharing options...
dontlop Posted June 26, 2014 Report Share Posted June 26, 2014 (edited) It's about 3 or 4 % change 50 dinar per dollar differance I guess that's why some call it a managed float instead of a peg A pegged exchange rate should never change if the reserves don't change If it's backed 100% and pegged it should never change one pip But we know they have to sell dollars to manage the stability of the exchange rate Not necessary if its pegged in my opinion It was classified as a stabilized arrangement then it changed to a crawling peg for three years then in 2009 it changed back to a stabilized arrangement with a program rate of 1170 for monitoring purposes So what is a stabilized arrangement Edited June 26, 2014 by dontlop Link to comment Share on other sites More sharing options...
ReinMan Posted June 27, 2014 Report Share Posted June 27, 2014 Funny how the CBI page doesn't keep up with the current price, it just stays at 1166 or so. I'm not freaking out over a fraction of a penny, but it does seem interesting as to WHY square spikes and valleys happen. 1 1 Link to comment Share on other sites More sharing options...
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