Posted by admin on 25 Apr 2008 10:59 am. Filed under
Higher Education (University +).
pat s asked: What are the five key currencies that facilitate international trade investments? Which, among the five is argued to be the emerging currency of choice for international transactions? Why? What would happen if the Euro would become the currency of choice for international transactions?
On April 26th, 2008 at 5:54 am
Hmm..I think it’s the dollar, Euro, Yen, and I don’t know the others. The Euro is kicking butt right now.
On April 26th, 2008 at 3:59 pm
US Dollar (USD), Euro (EUR), British Pound (GBP), Japanese Yen, (JPY), and believe it or not: the Swiss Franc (CHF). CHF often rallies in times of economic shock since it is seen as the ultimate safe haven.