2012年6月27日星期三

Monetary jealousy: the currency is worth more than your

1 Hong Kong dollar is worth more than 1 yuan from January 2007, according to former Hong Kong Monetary Authority, Mr Joseph Ren said that the people of Hong Kong to mainland China tourism has had an impact. Article published this month, he used the "feeling of despair" to describe the feelings of his friends in Hong Kong when their currencies fell to below the level of the Mainland. They worry that the mainland people will discriminate against the people of Hong Kong held by the monetary value. This is a reason, even the most insignificant, and this is why to reconsider the long-term tendency of $ Mr Yam proposed.
Mr. Ren concluded that, for most economists, say a bit strange, but it did the size of the monetary unit and its prestige equated. They believe that if a unit of currency can change to another currency if that currency than the currency of the latter "more valuable" Mr. Yang wrote. In that case, when converted into national currency, the foreign price will be split decreases, rather than doubled.
The world's most valuable currency is the Kuwaiti dinar, the value of 3.58USD. The strength of the dollar in the ranking of 11, the same ranking of Bermuda, the Bahamas Currency and Panama currency Babo Ya. In contrast, Hong Kong ranked list of more than 60, not only lower than the Chinese yuan and below the Botswana Pula and Bolivia Boliviano. However, before you should feel sorry, under the care of Vietnam, with the termination of the Zimbabwe currency in circulation, the Vietnamese currency has become the world's smallest currency, irrespective of their circulation where only the cumulative increase will not be split decreases.

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