Wednesday, November 19, 2008
AUD & KRW Currency Play
From recent peak, AUD currency has drop by 30% while KRW has drop by 28%. GBP also has fallen 28%. Time to buy...?
I think commodity currencies AUD, BRR will descend further and so will export currency KRW. Hold your horses just a bit longer..
Approximate Rate: 1 AUD = 2.3 MYR, 1000KRW = 2.5MYR
http://www.forexcult.com
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