06-26-2009, 01:47 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by CFANerd</i>
<br />Can anyone forecast the value of US dollar in coming months? Remember it can just be a forecast, forecasts can be wrong so feel free to share your views.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Euro is becoming international currency and dollar loses its value so the value of dollar will fall further soon. Some years ago the whole international trade was made in dollars but now there are two options for the international trader they either use dollar or Euro for foreign trade. Even it is the top priority of some countries to transact foreign trade transactions in Euro. In Pakistan, I am expecting that dollar will reach at a price of between Rs.60 to Rs.70 but now dollar rate is fluctuating between Rs.75 to Rs.82.
Regards,
Awais Aftab
<br />Can anyone forecast the value of US dollar in coming months? Remember it can just be a forecast, forecasts can be wrong so feel free to share your views.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Euro is becoming international currency and dollar loses its value so the value of dollar will fall further soon. Some years ago the whole international trade was made in dollars but now there are two options for the international trader they either use dollar or Euro for foreign trade. Even it is the top priority of some countries to transact foreign trade transactions in Euro. In Pakistan, I am expecting that dollar will reach at a price of between Rs.60 to Rs.70 but now dollar rate is fluctuating between Rs.75 to Rs.82.
Regards,
Awais Aftab
