Tuesday, September 28, 2010

Internation Currency war- Devaluations

Devaluations
This weeks blog post is about devaluation of international currencies. In an article in the Guardian the Brazilian Finance minister states that countries are keeping the value of their currencies artificially low to support their export industries.Read the article and then:-

Write a short report on the history of the value of your countries currency or that of another currency against the value of the dollar this year. Explain the advantages and disadvantages of devaluation of your countries currency to your company. As your teacher to mark your report or add it to this blog.

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