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Argentina's Financial Roller Coaster...Currency predicitons?

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  • Argentina's Financial Roller Coaster...Currency predicitons?

    "But economists estimate inflation to be close to 25 percent -- the government puts it under 10 percent -- and confidence in the government's ability to pay its debts has been dropping."

    http://www.washingtonpost.com/wp-dyn...202457_pf.html

    The currency exchanges all get chaotic...South Korea, Poland, Hungary, Argentina

    In these countries everyone is buying the yen and the dollar.

    Countries with huge reserves try to fend off. Today...

    1 US $ = .78 Euro

    1 US $ = 1.20 CAD

    1 US $ = .99 Yen

    1 US $ = 1.48 Aus $

    1 US $ = 6.8 RMB

    With June...Predictions for June?

    Euro CAD Yen Aus RMB
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