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In the News - 4 Dec: Barry Bonds Mitt Romney Rupert Murdoch Santa Claus Pearl Harbor

Topic: Foreign Currency our exchange rate Michaels Money

Vital Stats

The Brain has inferred the following facts from reading text collected on the topic:

Most admires:

Warren Buffet

Favorite possession(s):

Credit card

Favorite website(s):

E*TRADE

Currently has on their coffee table:

Economist

Politics:

Capitalist

Dream job(s):

Banker, President of the United States, CEO

Favorite animal(s):

Tiger, Tiger

Interest(s):

Economics, Travelling

Likes to wear:

Business suits

Favorite destination(s):

Hong Kong

Ultimate fantasy(s):

Bankruptcy

Worst habit(s):

Wasting money

Favorite quote(s):

"Distrust any enterprise that requires new clothes." - Henry David Thoreau (1817-1862)
"Behind every great fortune there is a crime." - Honore de Balzac (1799-1850)

Expert Talk

The Brain has selected interesting relevant sentences from the web. It automatically assigned them to some of our fictitious experts based on their personalities.

Brian Mengel,
Civil Servant

IBC constantly monitors foreign exchange rates to ensure that you get the most for your money.

John Fielding,
CEO

It should be no surprise that many shrewd investors have taken advantage of the fluctuation in exchange rates using the volatility of the foreign exchange market to trade currencies and put more money in their pockets.
These include spot and forward foreign exchange, currency and interest rate risk management as well as money market sterling and currency loans and deposits.
A currency board fixes the exchange rate so that the domestic money supply does not exceed the amount of foreign reserves a nation possesses.

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